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A construction contract is typically created between a client and a general contractor, outlining the terms of the project. There are four types of construction contracts: fixed price, time and material, cost-plus, and unit pricing. Fixed price contracts involve a set price for all services provided, while time and material contracts require the client to pay for materials and labor at a negotiated rate. Cost-plus contracts involve the client paying the contractor for all costs incurred, with the contractor making a profit on a percentage of total costs. Unit pricing contracts are based on a per square foot basis.