A fixed price strategy is an approach where you establish a set price for each customer or client regardless of the actual time and materials used for a project. These types of contracts are common in ...

Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look further ...

Engineering, procurement, and construction (EPC) contracts are agreements in which a contractor is given major project responsibilities under a single contract established with an owner or developer.