Lump sums: the essentials.
Hill, C.
Lump sums: the essentials. - 1999 - Building 264 (8091) 11 June 1999, 65(1) .
Describes the main features of 'lump sum' contracts, where the contractor agrees to carry out defined building works for an agreed price. Because of the risk to the contractor, this type of contract is mainly used on smaller, low-value contracts.
LUMP SUM CONTRACTS
PROCUREMENT METHODS
COMPLETION
RISK
Lump sums: the essentials. - 1999 - Building 264 (8091) 11 June 1999, 65(1) .
Describes the main features of 'lump sum' contracts, where the contractor agrees to carry out defined building works for an agreed price. Because of the risk to the contractor, this type of contract is mainly used on smaller, low-value contracts.
LUMP SUM CONTRACTS
PROCUREMENT METHODS
COMPLETION
RISK