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Mr. Dubey • 89.33K Points
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Q. In Schedule contract the contractor undertakes the execution or construction of specific work with all its contingencies, to complete it in all respect within a specified time for a fixed amount.

  • (A) false
  • (B) true
  • (C) ---
  • (D) ---
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Explanation by: Mr. Dubey 
 in lump sum contract the contractor undertakes the execution or construction of specific work with all its contingencies, to complete it in all respect within a specified time for a fixed amount. in this an owner agrees to pay a contractor a specified lump sum after the completion of work without a cost breakdown. after work no detailed measurements are required.

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