Fixed-price contracts
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Tobias Nielsen | Tobias Nielsen | ||
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Projects can’t start until the contractor and customer have come to an agreement on time, cost and more. To do so, they use contracts, and one of the more common types is the fixed-price contract. | Projects can’t start until the contractor and customer have come to an agreement on time, cost and more. To do so, they use contracts, and one of the more common types is the fixed-price contract. | ||
Revision as of 21:59, 20 February 2022
Fixed-price contracts
Tobias Nielsen
Abstract Projects can’t start until the contractor and customer have come to an agreement on time, cost and more. To do so, they use contracts, and one of the more common types is the fixed-price contract.
• Big idea:
describe the tool, concept or theory and explain its purpose. The section should reflect the current state of the art on the topic
• Application: provide guidance on how to use the tool, concept or theory and when it is applicable
• Limitations: critically reflect on the tool/concept/theory. When possible, substantiate your claims with literature
• key references: (3-10), where a reader can find additional information on the subject.
References
1. https://www.projectmanager.com/blog/fixed-price-contract
2. https://www.levelset.com/blog/fixed-price-contract/
3. https://www.coconstruct.com/blog/builders-use-fixed-price-construction-contracts-80-of-the-time
