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Contract Types

You'll focus on types of contracts available to contractors.

TBaeten
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Created Date 07.20.15
Last Updated 07.21.15
Viewed 39 Times
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Topics of this game:
  • Once the contractor wins a proposal they may begin work right away.
  • What vehicle is used to establish good customer-contractor communications, arrive at mutual understanding, and provide clear expectations to ensure project success?
  • For most purposes, there are typically how many types of contracts?
  • Select the proper contract type. In this type of contract, the customer and the contractor agree on a price for the proposed work.
  • Select the proper contract type. In this contract, the customer agrees to pay the contractor for all costs, regardless of the amount, in addition to some agreed upon profit margin.
  • Which contract type is lower risk to the customer or client?
  • What contract type is of higher risk to the customer?
  • Which contract type is of higher risk to the contractor?
  • Which contract type is lower risk to the contractor?

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