Computer · Estimating and Costing
A contract in which the contractor agrees to complete the specified work for a fixed total sum within a specified time, regardless of variations in quantities, is a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Schedule contract
- 2Item rate contract
- 3Lump sum contract✓
- 4Percentage rate contract
Correct answer
Lump sum contract
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