If you hire a bricklayer to build you a wall, you are not buying bricks. The bricklayer buys the bricks. So they're liable for materials + cost of sourcing materials. The second part of that equation is covered by a small mark-up.
Simple!
So if the price of bricks goes up 10% during the job the brickie will eat that cost?
@Crispin_Glover started
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If you hire a bricklayer to build you a wall, you are not buying bricks. The bricklayer buys the bricks. So they're liable for materials + cost of sourcing materials. The second part of that equation is covered by a small mark-up.
Simple!