$6$ pts

Select the payment method that best fits each of the following statements:

The Owner pays the actual construction cost in addition to a fee to cover the $[$Choose$]$ contractor's service

Best used for projects where type and quality of work is known but quantities $[$Choose$]$ are uncertain.

Payment is based on the actual quantity of work installed and based on agreed $[$Choose$]$ rates for different work types

The Contractor agrees to complete the project for a predetermined price $[$Choose$]$

Typically used for traditional and welldefined projects

$[$Choose$]$

Best used for ill$-$defined projects or if owners want to bring construction experience before the design is finished