Construction Contract Management
Standard construction contracts provide a pre-written framework for agreements, customised to fit each project's needs. Different types exist, like those from the Master Builders Association or for government projects. Common options include fixed-price (lump sum) or cost-plus contracts, with varying responsibilities depending on the chosen format (design-build vs construction management). Regardless of complexity, having a clear contract protects all parties involved in a construction project.
Other glossary terms
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