Select four (4) large projects (local or international) and carry out the following: i. Suggest the most...

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Civil Engineering

Select four (4) large projects (local or international) andcarry out the following:
i. Suggest the most suitable (unique for each one) forms ofcontract for them.
ii. Provide a brief description for why each of the form ofcontracts is suitable for
the projects.
iii. Describe one (1) advantage for using each of the form ofcontracts for the projects.
iv. Describe one (1) disadvantage for using each of the formof contracts for the
projects.

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4.1 Ratings (630 Votes)

i Let us consider the 4 different projects as Constructing a highway constructing a dam building a railway line and maintaining or repairing a pavement 1 Constructing a highway Target Cost Construction Contract 2 Constructing a dam Cost Plus profitContract 3 Building a railway line Unit Price Construction Contract 4 Maintaining or repairing a pavement Lump sum contract ii Constructing a highway has its target price as an important criterion A contractor herein is asked to See Answer

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