Hợp đồng & Thực hiệnCâu 820 / 1605
Under a cost-plus contract, the contractor is typically paid:
a.Nothing until the project is fully sold
b.The actual cost of labor and materials plus an agreed fee or percentage for overhead and profit
c.A single fixed lump sum regardless of actual cost
d.A price per installed unit of measure
Giải thích
In a cost-plus contract, the owner reimburses the contractor's actual, documented costs of labor and materials and pays an additional agreed fee, either a fixed amount or a percentage, for overhead and profit. This shifts cost risk toward the owner while giving flexibility on uncertain scopes. It differs from a lump-sum (one fixed total), unit-price (per unit), and speculative arrangements; careful cost documentation is essential to justify billings.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The implied warranty that construction work will be performed in a competent, workmanlike manner is best described as:
- A contractor tells a buyer, 'This deck lumber is pressure-treated and rated for ground contact,' and the buyer relies on it. The lumber turns out to be untreated. This is most likely a breach of:
- In a fixed-price (lump-sum) contract, the contractor generally:
- A 'cost-plus with a guaranteed maximum price (GMP)' contract protects the owner by:
- A unit-price contract is most appropriate when:
- In a time-and-materials (T&M) contract, the contractor is compensated based on:
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)