plu fixed fee contract, plus percentage of eost contract cial contracts 221 Lampsum Contract / his type of contract, the cOmtractar o ion of work, a fixed travtor. Detailed measurements of ‘ork is compared and checked with n large projects, stages of work 0, OF stops the work in between he is opportunity to the extra items not included Contacts and Specifications 2B fem Rate Contract, Akko called a schedule contract, in this contract, the contractor undertakes the execution of work on an item rate basis. The amount to be received by the co depends upon the quantities of various ly exeet © Payment to the contractor is made on the basis of detailed lypes of engineering This type awarded, s of individual items can be made ls may prompt the contract 22.3 Lump Sum and Scheduled Contract iginal work shall the drawings and specifications, ble for construction works nce and can consequently,