Contract Practice - Level 1 Flashcards

1
Q

What’s the difference between executing a Contact as a deed or underhand?

A

Simple

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2
Q

Are you aware of any NEC Contracts?

A

6 Different types of NEC:

Option A - Lump Sum with Activity Schedule
Option B - Lump Sum with BOQ
Option C - Target Cost with Activity Schedule
Option D - Target Cost with BQQ
Option E - Cost Reimbursable
Option F - Management Contracting

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