What is the Contract ? | Type of Construction Contracts | Lump Sum Contract / Item Rate Contract
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- Опубліковано 6 вер 2024
- What is the Contract ? | Type of Construction Contracts | Lump Sum Contract / Item Rate Contract
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About This Video -------------------------------------------------------------------------------
In this video Er. Fazal Ur Rahman, Corporate Trainer of Civil Guruji, is Explaining About What is the Contract ? | Type of Construction Contracts | Lump Sum Contract / Item Rate Contract
The contract is an undertaking or agreement by a person or firm to do any work under certain terms and conditions. The work may be for the construction and maintenance and repairs for the supply of materials, for the supply of labor, for transport of materials, etc. There are Different Types of Contracts in civil engineering used for the commencement of work.
Contract is an agreement which can be enforced by law“
In order to make this agreement valid, there must be a definite offer and there must also be equally definite and uncordial acceptance of this offer.
The contract is important to document when dealing with any work with the tendering process. The types of engineering contracts to choose is depends on the types of work and condition of the contract.
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What is the Contract ? | Type of Construction Contracts | Lump Sum Contract / Item Rate Contract
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What is the Contract ? | Type of Construction Contracts | Lump Sum Contract / Item Rate Contract
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