Cost Reimbursement Contract: A Quick Guide
ProjectManager.com
MAY 26, 2021
There are many ways to contract work. But when the agreement is signed, it’s legally binding. Both parties must adhere to its terms and conditions. That’s why contracts vary from fixed-price contracts, in which the quoted price is final, to others with more flexibility. For example, a fixed-price contract is only viable for the contractor when they are able to very accurately forecast how much the project will cost.
Let's personalize your content