CONTRACT CATEGORIES
Two elementary kinds (families) of deals are 1) price reimbursement deal and 2) fixed cost deal.
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Two elementary kinds (families) of deals are 1) price reimbursement deal and 2) fixed cost deal.
Sum agreed upon during deal dialogues, outside which the main (customer or project proprietor) has no duty to pay.
Interim papers provided by a main (client) to address adjustments or other commands realted to a deal. It is supposed to be substituted naturally by an additional acknowledgement or other authoritative document.
Document provided by a main (customer), addressing adjustments in a deal passed under the deal
Document provided by a main (client) for effecting adjustments to the ambit of work (not of specifications or requirements) of a deal
Provision provided in a scripted agreement or deal. A deal clause will approach a side of the deal between parties, specifying the agreement for ensuring that all parties comprehend what they should
Site diffusing cost, junk and waste clearing cost, and other costs related to timely closure of a deal.
Examination and review of price data, provided by a builder to a main (client), for appraisal of its truth and rationality pertaining to potential economies and accomplishable degree of efficiency.
Processed deals, additional conditions, draftings, classifications and other archives related to a deal.
A worker who works for a person under a contract. Contract employees are hired for performing definite jobs at a given rate. Contract employees do not add to the regular staff and
Money given to a contractee from a contractor for the purpose of making payments like advance, interim, performance payments, advancement payments, or/and other similar payments
Agreement that contains all the conditions agreed upon by all parties involved. It has to be written and should include the buyer. See, How Does A Land Contract Work?
Deal for a work taken upon by anyone who is self employed. He or she is free to employ others to complete the job, he or she will be the only one
Characteristic of merchandise which can be transferred against any future deal, according to standard of future exchange based on which the merchandise is traded.
Kind of vehicle renting in which the renting company undertakes sustenance and restoration of the automobile and provides other related services (like offering a substitute vehicle), when a fixed fee is payed.
A person or a firm designated as the proprietor of a financial liability or money which is expected to be received (as a return) at a later date. The deal holder gets
Group of laws that control oral or scripted agreements related to trade of commodities and services, properties and money. It also contains topics related to qualities of contractual duties, restriction of activities,
Procurement article conclusively specified in a request for bids or IFB paper. The bidder is expected to give separate pricing for this item. Deals for line articles may, under the conditions of
Planning, execution, and command of provision mechanism provided by a third party through a deal.
Onetime or occasional sustenance executed by a 3rd party within a contract.
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