For each of the questions below, answer with the following types of contracts: UP Unit price CP - Cost-plus LS = Lump su

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For Each Of The Questions Below Answer With The Following Types Of Contracts Up Unit Price Cp Cost Plus Ls Lump Su 1 (42.83 KiB) Viewed 30 times

For each of the questions below, answer with the following types of contracts: UP Unit price CP - Cost-plus LS = Lump sum [Choose ] > Which type of contract provides the owner with the best estimate of the construction cost at the beginning of the project? [Choose ] Which type of contract would require the project to be well defined even though exact quantities need not to be known? [Choose ] Which type of contract is appropriate when the actual costs of a project and scope of work are difficult to estimate with accuracy? [Choose ] < For which type of contract is it likely that construction cost is not optimized? Which type of contract allows the work to start without detailed plans? [ Choose ] <