Contract Construction Activity

Antoaneta Claudia Butuza () and Loredana Valentina Hedre ()
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Antoaneta Claudia Butuza: West University of Timişoara, Romania
Loredana Valentina Hedre: Sinergy East Timişoara, Romania

Annals of the University of Petrosani, Economics, 2010, vol. 10, issue 3, 33-40

Abstract: This paper presents the main types of contractual arrangements used worldwide in construction: traditional contracts, cost reimbursable type contracts, management contracts and other contractual arrangements such as partnership, offering two-phase, contracts in series and turnkey contracts. Also, based on a comparison of the main types of contractual arrangements a number of recommendations are suggested for choosing the appropriate type of contract construction project to be realized.

Keywords: type of contract used in construction; cost reimbursable; contracts management (search for similar items in EconPapers)
JEL-codes: M19 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:10:y:2010:i:3:p:33-40

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