alleryStart learning →Which is not a main contract type by payment mechanism?
ARe-measurement contract
BFixed lump sum contract
CCost-reimbursable contract
DSubcontract agreement
Answer & Solution
Correct answer: D. Subcontract agreement
The three main types are lump sum, re-measurement and cost-reimbursable; a subcontract agreement is a different kind of contract between builder and specialist.
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