What is the difference between a lump sum bid and a unit price bid?

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Construction Cost Estimating

ISBN: 9780367902681

1st Edition

Authors: John E. Schaufelberger, Len Holm

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Question Posted: Dec 29, 2023 01:32 PM

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What is the difference between a lump sum bid and a unit price bid?

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Both lump sum bids and unit price bids are methods used by contractors to price projectsbut they differ in how they estimate and charge for the work i...View the full answer

Construction Cost Estimating

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