A measure term contract is an agreement between two parties in which one agrees to provide a specified amount of goods or services to the other at agreed-upon intervals over a set period of time. This type of contract is often used in business arrangements where one company agrees to provide another company with a set amount of goods or services on a regular basis.
A prime cost contract is a contract in which the contractor agrees to provide all labor, materials, and equipment necessary to complete a project, and the owner agrees to pay the contractor a set price for the work. The price may be based on the actual costs incurred by the contractor, or it may be a fixed price.
A construction contract is a legally binding agreement between two or more parties to carry out construction work. The contract will set out the terms and conditions of the agreement, including the price, the scope of work, and the schedule. The contract will also specify who is responsible for each aspect of the work.
A major project construction contract guide is a document that outlines the legal aspects of a construction project. It covers topics such as the roles and responsibilities of the parties involved, the legal process, and the rights and liabilities of the parties.
A subcontract agreement is a contract between a general contractor and a subcontractor that outlines the terms and conditions of the subcontractor's work on a project. The agreement should include the scope of work, schedule, payment terms, and other important details.
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