Percentage rate contract Archives - CivilThings Educational Blog %

PERCENTAGE RATE CONTRACT | ADVANTAGES | DISADVANTAGES

18 February 202428 June 2023 by Sandip Bhange

Percentage-rate-contract-advantage-disadvantages-types

A percentage rate contract, simply put, is a type of contract used in construction or similar projects where the contractor is paid a percentage of the total project cost. Instead of a fixed price, the contractor receives a percentage of the total cost, including materials, labor and other costs. This can be beneficial when the … Read more

TYPES OF CONTRACT | DIFFERENCE | ADVANTAGES | DISADVANTAGES

15 December 202327 June 2023 by Sandip Bhange

Type of Contract is a very important part Contract and Accounts of civil engineering. it’s very important subject in diploma & degree and following points are very important to exam point of view must read and understand properly it’s help you all the best. Contract Introduction: Contracts play an important role in our everyday … Read more