Assured Maximum Price – A condition frequently in Cost Plus Construction Contracts. The assured maximum cost is one of the most the proprietor will pay due to the contract, which puts the danger back onto the professional.
« Back to Glossary IndexListings about bonds and finance
Learn all you can about bonds and finance
Assured Maximum Price – A condition frequently in Cost Plus Construction Contracts. The assured maximum cost is one of the most the proprietor will pay due to the contract, which puts the danger back onto the professional.
« Back to Glossary Index