Behmer & Wright have successfully delivered a diverse range of projects in both the private and public sectors under firm lump-sum contracts.
Under this agreement, Behmer & Wright and the principal contract for a fixed-price (also known as a stipulated price contract, lump-sum contract or guaranteed maximum price contract).
Behmer & Wright are responsible for any cost overruns, errors or omissions in delivering the project to the principal. In other words, we undertake to complete the project for a fixed price sum which is agreed between the parties prior to the commencement of the construction works. This provides the principal with security and reliability as the client has a quantified project cost upon which to budget anticipated project costs.
This is a traditional method of construction and is a model frequently adopted by our clients.