What is Construction contract ?
Which types of Contracts not used in Construction
The total cost of work in Unit Price Contract can be calculated
Advantages of Unit price Contracts
Which is not of disadvantages of Lump-sum Contract
Total cost of Cost Plus fixed fee Contract (CPFF)
In Cost plus incentive fee (CPIF) Contract, the compensation is based on contracting performance according to
Advantage of Cost Plus Contract
Which sentence is true about Guaranteed Maximum Price (GMP) Contract
In the Negotiated Contract The owner can negotiating with the contract including method of payment for the work, Bid, etc.
In Design-Build Contracts is a method to deliver a project in which the design and construction services by the owner.
Turn-key Contracts is a type of project that is constructed so that it could be sold to any buyer as a completed product