TYPES OF

CONTRACTS
CONSTRUCTION CONTRACTS MANGEMENT
BY

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 1. Lump-Sum Contract
2. Cost Plus Fixed Fee Contract
3. Guaranteed Maximum Contract
4. Unit-Price Contract
5. Design-Build Contract
TYPES 6. Turnkey Contract
7. Time and Material Contract
8. Buit Operate Transfer Contract
9. EPC Contract
10. Construction Management at

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Risk Contract

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SLIDE #1
 A fixed-price agreement where the
owner agrees to pay a set price for the
entire project.
The contractor assumes the risk for any
LUMP-SUM cost overruns and changes in the
CONTRACT project scope.
This type of contract is commonly used
for small to medium-sized projects with
well-defined scopes of work.

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SLIDE #2
 The owner agrees to pay for all project
costs, plus a fixed fee for the
contractor's services.
COST PLUS This type of contract provides the
FIXED FEE contractor with an incentive to keep
CONTRACT costs low, but does not guarantee a
fixed price for the owner.
Typically used when the scope of work is
unclear or subject to change

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SLIDE #3
 The contractor agrees to complete the
project for a maximum price, but the
owner will pay the actual costs incurred
plus a fee
GUARANTED Provides the owner with a guaranteed
MAXIMUM price ceiling, while the contractor
CONTRACT assumes the risk for any cost overruns
Typically used for large projects with a
high degree of complexity

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SLIDE #4
 The owner pays the contractor based on
a unit price for specific items or services
UNIT PRICE identified in the contract
CONTRACT Commonly used for projects where the
quantity of work is uncertain or difficult
to estimate

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SLIDE #5
 The contractor is responsible for both
the design and construction of the
DESIGN project
BUILD Provides the owner with a single point
CONTRACT of responsibility and can be used to
expedite project delivery

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SLIDE #6
 The contractor is responsible for the
entire project, from design to
construction, and delivers the
TURNKEY completed project to the owner
CONTRACT Commonly used for projects with a high
degree of complexity, such as industrial
facilities or large infrastructure project

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SLIDE #7
 The owner pays the contractor based on
the time and materials used to
TIME & complete the project
MATERIAL Used when the scope of work is
CONTRACT uncertain or the project is subject to
change

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SLIDE #8
 A type of public-private partnership in
which a private entity designs, builds,
operates, and maintains a public
infrastructure project for a set period of
BUILT time.
OPERATE The private entity finances the project
TRANSFER and is reimbursed through user fees or
CONTRACT other revenue sources.
Ownership of the project is transferred

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to the public entity at the end of the

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contract period.

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SLIDE #9
 The contractor is responsible for the
entire project, from design to
construction.
The contractor assumes full
EPC responsibility for delivering the project
CONTRACT on time, within budget, and to the
required specifications.
The owner provides the necessary funds
and specifications for the project,t

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SLIDE #10
 The construction manager assumes the
CONSTRUCTION risk for cost overruns and other project
MANAGEMENT risks
AT RISK Provides the owner with the expertise of
CONTRACT a construction manager while
transferring risk to the manager

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SLIDE #11
THANK YOU
CONSTRUCTION CONTRACTS MANGEMENT
BY

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