a1.6 The Contractor warrants and guarantees that all of its Works performed and Materials supplied in compliance with General Conditions of Fixed Price Construction Contract. 1.6 承包商保证和保证所有它的工作进行的和材料被提供依从固定价格建筑合同的普通保险条款。 [translate] ...
Well, as with so many things in the industry,it all comes back to the contract. Though many contractual arrangements exist in the construction trade, two common contracts for projects arefixed feeandtime and materials. This article will define and contrast these types of contracts, as well as...
a(Cost-Plus-Fixed-Fee) Contract. A type of cost-reimbursable contract where the buyer reimburses the seller for the seller’s allowable costs (allowable costs are defined by the contract) plus a fixed amount of profit (fee). (费用加上固定费)合同。 费用可偿还的合同的类型,买家偿还卖主给卖主...
Fixed-price with economic price adjustment contract (FP-EPA) A fixed-price with economic price adjustment contract is slightly more complex than the other two types. It operates on the basis that a buyer pays the seller a fixed fee, but with some flexibility for price adjustment in certain si...
(2011) `Fixing the contract after the contract is fixed: a study of incomplete contracts in IT and construction projects', International Journal of Project Management, Vol. 29, No. 5, pp.568-576.Fixing the contract after the contract is fixed: A study of incomplete contracts in IT and ...
Twitter Google Share on Facebook FFP (redirected fromFirm-Fixed-Price) Category filter: AcronymDefinition FFPFinancial Fair Play(football regulations; EU) FFPFederal Financial Participation FFPFresh Frozen Plasma FFPFirm-Fixed-Price(Contract) FFPFamily Friend Poems(website) ...
Because FP-EPAs allow for adjustments to the contract price, they’re often suited for contracts that extend for multiple years. Cost-plus-fixed-fee contracts (CPFF):Buyers reimburse sellers for allowed costs at a predetermined rate. These tend to make sense when it’s difficult to estimate in...
17.Analysis of Reasonable Construction Period of BOT Projects in Fixed Concession Period;特许权期既定条件下BOT项目合理建设期的分析 18.The royalty fee refers to a percentage of gross sales that the franchisee regularly pays to the franchisor during the operation.特许权使用费指受许人在经营过程中,按...
The largest commercial construction jobs are agreed upon under a cost-plus rather than a fixed price contract, according to the "Daily Journal of Commerce." Which contract you use can have a huge impact on your costs and profit margin.
aFrom the terms of the contract signed by both parties, the construction contract, the project should belong to the fixed price contract. Not stated in the contract obligations of the contractor, project content during execution of the contract and must be carried out, the Contractor shall negoti...