Pauschale (Turn Key) Agreements · Articles · Afik & Co.https://www.afiklaw.com › articles
Nov 23, 2016 — Generally, the client wishes to enter into a Pauschale (turn key) agreement and the contractor wishes to work on the basis of measurement. What ...


https://www.proz.com/kudoz/hebrew-to-english/construction-ci...

--------------------------------------------------
Note added at 20 perc (2022-07-18 07:28:48 GMT)
--------------------------------------------------

5. On Construction contracts - Miha Hillenkamp
https://mihaslekovec.com › 2019/06/15 › on-constructi...
Jun 15, 2019 — Lump-sum contract (Globalpauschalvertrag): The contractor issues one price for the whole building. They carry both the quantity determination ...



A Contract between a client and a contractor called a "Measurement Contract" is a contract according to which the client pays the contractor pursuant to the actual work made (at the end of the project or by key stages agrees between the parties). In contrary, a " Pauschale Contract" (deriving from the German word “Pauschale” meaning: fixed price) is an agreement under which the contractor estimates, based on its own calculations and measurements, the total cost of the project and provides to the customer with a total price, embodying all the estimated required work. In such kind of an agreement the contractor assumes the risk that the project will reach higher costs than predicted. Using the description of Justice Elyakim Rubinstein: "meaning a turn-key agreement which is a contract where the customer receives the work in a status which requires only to "turn the key "and use a product".