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in this video ill talk to you about the lump sum contracts and what is the definition of a lump sum contract and what is the limitations of the scope of work and the variations and all of this starting right now so what is a lump sum contract the lump sum contract is a construction agreement where the contractor agrees to construct the project for a specific fixed predetermined amount which means that the contractor will take for example x amount to execute this project but of course this is not unlimited its not like the client can ask the contractor to keep doing many things that are not there in his contract so actually this lump sum contract even though its a fixed price to execute the projects there are some limitations or there are some documents that will limit the scope of work of the contractor to a certain extent so what is the limit of lum sum contract actually the scope of work of the lump sum contract will be limited to the contract documents such as what for example t
