A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Abstract In general, the construction contract price includes direct and indirect project costs plus profit. While construction contracts serve as a means of pricing overall construction, they also structure the allocation of risk to the various parties involved. The Owner has to decide what type of contract should be used for a specific project to be constructed and to set forth the terms in a contractual agreement. It is important to understand the Owner and Contractor’s risk profiles associated with different types of construction contracts.
Abstract In general, the construction contract price includes direct and indirect project costs plus profit. While construction contracts serve as a means of pricing overall construction, they also structure the allocation of risk to the various parties involved. The Owner has to decide what type of contract should be used for a specific project to be constructed and to set forth the terms in a contractual agreement. It is important to understand the Owner and Contractor’s risk profiles associated with different types of construction contracts.
Types of Construction Contracts
Surahyo, Akhtar (author)
2017-10-18
8 pages
Article/Chapter (Book)
Electronic Resource
English
Types of Contracts and Its Characteristics
| Springer Verlag | 2013
Amending Construction Contracts
| British Library Online Contents | 2006
Standard construction contracts
Engineering Index Backfile | 1926
Interpretation of Construction Contracts
| British Library Online Contents | 1994