[evilantnie]

This sounds weird to me, I've paid for quite a few large construction projects and they are always fixed-bid contracts. I've never borne the cost of a mistake made by contractors. Everything that has additional cost is strictly controlled by change order requests, to the point of being extremely annoying. Maybe it's personal preference for fixed-bid contracts, but I've never heard of a large hotel, hospital, or other large contract be time-and-material based.

[uoaei]

I am not well-versed in this field so I may have misinterpreted and they may have been talking about subcontractors. The friends I refer to work at one of those large consulting firms and they are complaining about the people they pay, not those who pay them.