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List Of 6 Contract Types With Subtypes Fixed-price incentive fee contract. Firm fixed-price contract. Fixed-price with economic price adjustments contract. Cost-plus fixed fee contract. Cost-plus incentive fee contract. Cost-plus award fee contract.
Here are four main construction contracts to choose from, plus their pros and cons: Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.
Types of Agreements Letter of Intent (LOI) A Letter of Intent (LOI) is a non-binding statement that acknowledges intent to explore the possibility of collaboration. Memorandum of Understanding (MOU) Memorandum of Agreement (MOA)
In general, contracts are classified along four different dimensions: explicitness, mutuality, enforceability, and degree of completion.
The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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4 Different Types of Contracts Sales Agreements. Non-Disclosure Agreements and Intellectual Property Management. Professional Service Agreements Fixed-Price, Time and Materials, and Retainer-Based Contracts. Adhesion Contracts.
10 general types of contracts Fixed-price contracts. Cost-plus contracts. Time materials contracts. Unit pricing contracts. Unilateral contracts. Bilateral contracts. Simple contracts. Implied contracts.
The federal government helps small businesses get an opportunity to subcontract on federal prime contracts.

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