Types of construction contract and tendering
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The aim of this course is to understand the different types of construction contracts and how they affect the tendering process.
After studying this course, you should be able to:
After studying this course, you should be able to:
- Understand the difference between lump sum, cost plus and target cost contracts
- Explain single-stage and two-stage tendering, early contractor involvement and BIM
- Understand the difference between traditional and design & build contracts
- Explain how a tender for each of the various contracts is put together
