Explore the fundamental concepts of Lump Sum (Fixed Price) contracts in the realm of construction project procurement through this concise course. In this course, you will gain insights into the traditional approach of contracting for construction projects, where clients provide project specifications and contractors offer a fixed price for project completion. Delve into the intricacies of lump sum contracts, understanding their advantages and challenges.
What does this course entail?
One Video
One Transcription
Key Points
One Quiz
How long will this course take?
20 minutes
Curriculum
- 1 Section
- 2 Lessons
- Lifetime
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