: It allows for various valuation options, including lump sum, re-measurement, and cost-plus models. Structure and Content
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April 12, 2026 Reading Time: 4 minutes
Designed for relatively simple or repetitive projects, this contract aims to be "user-friendly" and flexible. It is typically used for projects where the employer provides the design, though it allows for contractor-designed portions. It is perfect for projects of short duration or relatively low capital value. fidic short form of contract 2021 pdf
