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Showing posts from January, 2021

Why Remeasurement(Re measurable) contracts

 re-measurable/remeasurement  contract  is the most popular type of contract used in the former construction industry. But even so, large construction companies are using this method to  hire  subcontractors for tasks such as painting, plastering, etc. In this method, the companies will receive the payment based on actual work. Compared to other  procurement methods , the client’s  risk is much higher,  and the contractor’s risk is minimal in this method Read more