What is change order?
Change Order. A written, priced, and signed agreement to change the scope of work after the contract is set — added work, deletions, or substitutions.
Why it matters to your pricing
Change orders are how you price what's actually built instead of padding the original quote. Unpriced added work is the biggest margin leak in residential jobs.
This is a general educational definition, not financial or legal advice. Confirm anything regulated with your accountant or state board.