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Questions and Answers
Which type of contract is the most commonly used form of contract for civil engineering works?
What does BOQ stand for in civil engineering contracts?
Which type of contract includes a fixed profit for the contractor?
Which type of contract has maximum competition among the contractors?
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Which type of contract is also known as 'Item rate contract'?
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Which type of contract is priced by the contractor and is commonly used for civil engineering works?
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Which type of contract greatly assists in keeping the tender cost as low as possible due to maximum competition among contractors?
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Which type of contract includes a fixed profit for the contractor?
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Which type of contract is known as 'Item rate contract'?
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Which type of contract is not mentioned in the given text?
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Study Notes
Common Types of Contracts in Civil Engineering
- The most commonly used form of contract for civil engineering works is the unit price contract.
- BOQ stands for Bill of Quantities, a document that itemizes the materials, labor, and costs involved in a construction project.
Fixed Profit and Pricing
- A lump sum contract includes a fixed profit for the contractor, offering predictability in project costs.
- The lump sum contract is also commonly associated with item rate contracts, where specific item prices are determined beforehand.
Competition and Cost Efficiency
- The unit price contract fosters maximum competition among contractors, leading to a more competitive bidding process.
- Contracts that promote maximum competition, like the unit price contract, are effective in keeping tender costs as low as possible, benefiting project budgets.
Overview of Contract Types
- An item rate contract is another name for contracts where payments are made based on the quantities specified (synonymous with unit price contracts).
- Notably, a design and build contract is typically not mentioned among the types listed above, indicating a different approach in project delivery.
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Description
Test your knowledge on types of civil engineering contracts with this quiz. Learn about bill of quantities contracts, scheduled contracts, lump sum contracts, and more. Perfect for civil engineering students and professionals.
