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A construction contract provides for the contractor to furnish a preliminary estimate on the proposed job and be paid the actual cost of the work
A construction contract provides for the contractor to furnish a preliminary estimate on the proposed job and be paid the actual cost of the work in addition to a percentage for profit. This fee arrangement is known as. fixed-fee basis. flat-fee basis. cost-plus basis. net-plus basis
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
