Welcome to electrical and electronics engineering discussion website, Please login or register to continue.

Define contract and state its types.

Your answer

Thanks for your contribution. Feel free to answer this question. Please avoid short answer. Your answer is most welcome. Be genuine.

Upload image or document:

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
Are you a robot ? (Y = Yes / N = No)
To avoid this verification in future, please log in or register.

1 Answer

0 votes

Definition of Contract:- The agreement between two parties under some specific terms and conditions is known as contract. 

Types of Engineering contract:- 1) Lump sum contract 2) Item rate contract 3) Cost + % rate contract 4) Target rate contract 5) Material supply contract 6) Labour contract 7) Sub contract 8) All in one contract 9) D.G.S. of ‘D’ rate contract 10)Cost plus(+) percentage variable rate contract 11)Cost plus(+) fluctuating fees rate contract 12) Cost plus(+) fix fee contract 

Related questions

Welcome to Q&A site for electrical and electronics engineering discussion for diploma, B.E./B.Tech, M.E./M.Tech, & PhD study.
If you have a new question please ask in English.
If you want to help this community answer these questions.