Name and briefly describe each of the two basic types of competitively bid construction contracts. Which type

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Name and briefly describe each of the two basic types of competitively bid construction contracts. Which type would be most likely used for building the piers to support a large suspension bridge? Why?

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Construction Management

ISBN: 9781119256809

5th Edition

Authors: Daniel W. Halpin, Bolivar A. Senior, Gunnar Lucko

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Question Posted: Feb 17, 2024 04:00 AM

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Name and briefly describe each of the two basic types of competitively bid construction contracts. Which type

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Types of Competitively Bid Construction Contracts Lump Sum Contract In a lump sum contract the contractor agrees to complete the entire project for a ...View the full answer

Construction Management

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