Lump Sum Construction Contract
Eda Caka
This legal document serves as a Lump Sum Construction Contract outlining the agreement between a company and a contractor for a specified construction project. It can be used to clearly define the payment terms, construction scope, timelines, risk assessments, and responsibilities of both parties. The contract specifies the lump sum payment, potential bonuses for early completion, penalties for delayed project delivery, and the conditions under which changes can be requested and handled by either party. This contract ensures both parties are aware of their obligations and rights, providing a structured framework to manage the construction project efficiently.