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What is the basis of payment for a contract negotiated between an owner and a...

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What is the basis of payment for a contract negotiated between an owner and a contractor for a fixed price?

A.

Stipulated sum

B.

Unit price

C.

Cost-plus-fee

D.

Cost-plus-fee with guaranteed maximum price

Construction Specifications Institute CDT View All Questions

Construction Specifications Institute CDT Summary

  • Vendor: Construction Specifications Institute
  • Product: CDT
  • Update on: Jan 10, 2026
  • Questions: 120
Price: $52.5  $149.99
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TESTED 10 Jan 2026