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Factors that Differentiate Reimbursable Contracting from Lump Sum Contracting

Publication No
RR260-11
Type
Academic Document
Publication Date
Mar 01, 2012
Pages
240
Research Team
RT-260
DOCUMENT DETAILS
Abstract
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Abstract
From 2003 through 2007, the construction industry experienced strong growth resulting from a stable economy and expansion in the industrial and commercial sectors. This strong growth caused a significant increase in competition among owners to hire hi
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Research Topic
Reimbursable Contracts
Keywords
Reimbursable, Design-Build, Design-Bid-Build, Cost Management, Risk Management, Scope of Work, Lump Sum, Cost Plus, Convertible Reimbursable, rt260