Contract Practice - Level 1 Flashcards
1
Q
What’s the difference between executing a Contact as a deed or underhand?
A
Simple
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