Image from Google Jackets

Lump sums: the essentials.

By: Series: Building ; 264 (8091) 11 June 1999, 65(1)Publication details: 1999Subject(s): Summary: 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.

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.