Seminar ID: 100007

Construction Contracts: Cost-Plus vs. Fixed Price

You will Learn:

  • Find out what factors to consider in choosing between lump sum and cost-plus contracts.
  • Uncover the advantages and disadvantages of lump sum and cost-plus contracts.
  • Hear how to define costs vs. rates.
  • Learn the legal framework on financing, bankruptcy, defaults and more.
  • Discover how the adverse economic climate may impact legal rights and duties that apply to a construction project.

With today's economic pressures, it is important that project participants know the factors to consider in choosing between cost-plus and fixed price construction contracts. Watch this 30-minute webinar to understand the advantages and disadvantages of each.