Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Provisional - Sum is a contract clause that may be used in fixed price contracts for undefined item or part of the scope during tendering

Provisional-Sum is a contract clause that may be used in fixed price contracts for undefined item or part of the scope during tendering which is priced by best guessing of the contractor.
True
False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management in Practice

Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco

4th edition

470533013, 978-0470533017

More Books

Students also viewed these General Management questions