Design and Build Procurement/Design and Build Contracts in Construction

In the design and build contract/procurement method (also called as design and construct contracts), the contractor is appointed to design and built the project. In most other procurement methods,...
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5 pros & cons of Lump sum Contracts/Fixed price Contracts (with video explain)

What is a Lump sum contracts or Fixed price contract Lump-sum contracts are the most favourite contract type used in the construction industry. Also known as fixed-price contracts. Because in...
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