THE PRINCIPLES OF THE COST-PLUS-A-FIXED- SUM CONTRACT AND THE PRACTICE
applied the principle in its work in such a manner that its value has been demonstrated.
The speed, the quality, the economy, the absence of friction between owner and contractor that have been notable features of such operations as the Columbian Rope Company’s plant at Auburn, New York, which was in operation ten months and six days after the engineers surveyed the site; the Walter M. Lowney factory in Montreal, Canada, completed in 56 days; the Yale & Towne factory at Stamford, Connecticut, finished in 64 working days; the entire town of Spragues Falls, Maine, with its miles of streets, its workmen’s houses, its complete paper-making plant, its 2000-foot concrete dam, all finished within eight months, are only a few of the many notable instances in which the principles of the cost-plus-a-fixed-sum contract have been applied to actual successful practice.
We shall be glad to take up the building question with those who feel that the principles applied to the Panama Canal are “good enough for them.”
FRANK B. CILBRETH
GENERAL CONTRACTOR
MAIN OFFICE
34 W. 26th ST., NEW TORN
CANADIAN CORRESPONDENT
DOMINION ENGINEERING & CONSTRUCTION CO. MONTREAL, CANADA
SAN FRANCISCO
604 MISSION STREET
SEATTLE
GEORGETOWN, WASH.
CONCRETE DEPARTMENT
UNDERWRITERS ENGINEERING & CONSTRUCTION CO.
1170 BROADWAY, NEW YORK