Understanding Lumpsum vs Reimbursable Contracts

Have you hired a cab to travel somewhere?

Can we use this simple activity to understand lumpsum vs reimbursable contracts?

Yes, we can!

Read the two scenarios to get an idea about the two types of contracts.

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Praveen Tiwari

Mentor and Guide

15 years in EPC | From Concept Phase to Commissioning
Linkedin Creator Alumnus| Top 1% on Topmate

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