. Cyclopedia of architecture, carpentry, and building : a general reference work. Jico bC ^ <fl uOt d . m 3m w 3-?^ w «<; ^;-. •I! s 0 Sm n 0 ||d 0 0 0 J3 oj t, £ go _1 L H c So jj CM ^ w ir u 3 0)01 iL 03 Wt^0) f^c^i o - C3 ---CO 2w a3AO ffOOi^ uz: ^ij c) ^Qo 50 O <. < - n r H^-s < 0 - i: [L r - 0 n 0 fc a M «< r= ^OS ■^ fe t^ COiNTRACTS AND SPECIFICATIONS 77 Payments on the contract may be by:Stated sum,Cost plus a percentage,Cost plus a percentage with guaranteed limit,• Cost plus a fixed sum. The first is the usual method of contracting. Full information relative to the m
. Cyclopedia of architecture, carpentry, and building : a general reference work. Jico bC ^ <fl uOt d . m 3m w 3-?^ w «<; ^;-. •I! s 0 Sm n 0 ||d 0 0 0 J3 oj t, £ go _1 L H c So jj CM ^ w ir u 3 0)01 iL 03 Wt^0) f^c^i o - C3 ---CO 2w a3AO ffOOi^ uz: ^ij c) ^Qo 50 O <. < - n r H^-s < 0 - i: [L r - 0 n 0 fc a M «< r= ^OS ■^ fe t^ COiNTRACTS AND SPECIFICATIONS 77 Payments on the contract may be by:Stated sum,Cost plus a percentage,Cost plus a percentage with guaranteed limit,• Cost plus a fixed sum. The first is the usual method of contracting. Full information relative to the method of payment which theOwner prefers and intends to incorporate in the contract, shouldbe fully set forth in the specification, as this is a matter which willhave a influence on bidders. While the first method is the usual one of awarding a contract,unless the pajnnents can be arranged so that the owner pays forthe material and labor at frequent intervals, it follows that the Con-tractor has to use considerable of his own capital or credit to carrythe work along. For this he must be paid; and therefore, as theOwner generally has the funds prior to beginning work, it is advis-able to state in the s
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Keywords: ., bo, bookcentury1900, booksubjectarchitecture, booksubjectbuilding
