Computer · Construction Management
A contract in which the contractor is required to quote a fixed lump-sum for the execution of complete work according to drawings, designs, and specifications is known as a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Target contract
- 2Piece work agreement
- 3Lump-sum contract✓
- 4Item rate contract
Correct answer
Lump-sum contract
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