Which of the following contract is most suitable for road and bridges?
(A) BOT contract
(B) Cost plus fixed fee contract
(C) All in one contract
(D) Labour contract
Answers
Explanation:
BOT contract is most suitable for road and bridge
Answer is option a) BOT contract is most suitabel for road and bridges
Explanation:
Option c)BOT contract is correct answer- BOT contract is most suitable for road and bridges.Beneath a build -operate -transfer (BOT) contract, an entity - usually a government - grants a concession to a private company to back, construct and work a extend for a period of 20-30 a long time, trusting to gain a profit.
b) Cost plus fixed fee contract- Cost -plus contracts are the converse of fixed- cost wanders. Cost -plus contracts insinuate to a contract in which a charge over the gotten is given.
c) All in one contract- The all in one contract was made to combine three partitional service : sales [which covers plan , establishment and guarantee work] ; monitoring ; and benefit [other than guarantee work and modern establishment.
d) Labour contract- Contract work , the wok of specialists whose flexibility is limited by the terms of a legally binding connection and by laws that make such courses of action passable and enforceable.