Mastering Procurement: LOI, LOA, & Contract Agreement Explained

This article explores three advanced construction contract types—Cost Plus, Negotiated, and Build-Operate-Transfer (BOT)—highlighting their unique advantages, risks, and use cases. It provides insight into budgeting…

Explore the essential differences between Cost-Plus and Lump-Sum Turnkey contracts in construction. Learn about their unique benefits, challenges, and how they impact budgeting, project management,…

Learn the fundamentals of lump-sum and reimbursable design-build contracts, their benefits, challenges, and the impact of price adjustment clauses. This guide helps you navigate construction…