FREE Webinar
This is a 30-minute segment from the "Construction Contracts: Cost-Plus vs. Fixed Price" webinar.
Seminar ID: 388296
Lump sum and cost-plus construction contracts offer different protections and incentives for both owners and contractors. With today’s economic pressures, it is important that project participants know the factors to consider in choosing between cost-plus and fixed price construction contracts and understand the advantages and disadvantages of each.
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5 Reasons to Listen:
- Find out what factors to consider in choosing between lump sum and cost-plus contracts.
- Uncover the advantages and disadvantages of lump sum and cost-plus contracts.
- Hear how to define costs vs. rates.
- Learn the legal framework on financing, bankruptcy, defaults and more.
- Discover how the adverse economic climate may impact legal rights and duties that apply to a construction project.