In the Lump sum, Construction Contract owners agree to pay the specified lump sum money after the completion of the construction work. In this contract, the owner and contractor make a deal in which they define the amount which the owner needs to pay to the contractor after construction is completed. In this specified amount, the contract includes labor change, material cost, and another necessary cost with their profit. After this contract, the owner will not pay the extra amount and the contractor need to show the details of the expenses as well. In this Civil Engineering Assignment Writing Help, we are writing the advantages of a Lump Sum Construction Contract to help the civil engineering essay writing for the students.

  • Low Risk: With the help of this Lump Sum Construction Contract, owners get the idea about the complete cost and they have to pay only the amount which is decided at the time of contracts. In this way, they get the best deal because sometimes the cost of them may rise but they need to pay the amount which is mention in the contract.
  • Supervision not required: In this Construction Contract, the owner needs not to pay attention to the construction work. Because all the work responsibility is completely on the contractor’s shoulders. He needs to pay attention to how the labor is working or not.
  • Minimize the changes: In this contract, the owner will get the complete work which is mentioned in the contract. The owner will get the best material and product according to the product. The contractor never changes the material quality and quantity as well.
  • Accurate designing: The complete work is controlled by the contractor because he takes care of each design and pattern of the construction. At the end of the work, he will be responsible for any kind of mistake.
  • Best material: The main point is that, construction material. All the material is completely checked by the contractor before use. Here they can only use the material which is mention in the contractor. They need to check the soil quality as well as mention the quality parameter in the final report.
  • Timely possession: The main advantage of this Construction Contract is that owners get possession at a given particular time. Because to get the benefits, contractors always complete the task before the time because in this way they can save the labor charges.
  • Best Result: All the contractor is able to deliver the best result on given time because they had too much of experience in this field. They know the person who is mastered in this field. That’s why they work in a team and get the best output at a given time and predefined budget.
  • Best work at a cheap price: With the help of these contracts, the owner also saves a huge part of the money. The owner gives the contract to the dealer and busy in their daily routine. There is no need to see the work, contact the various persons, and other unnecessary work. The owner can easily do their daily work without taking any tension.

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