Which type of contract arrangement is specifically designed to give a contractor relief for inflation or material/labor
Question:
Which type of contract arrangement is specifically designed to give a contractor relief for inflation or material/labor cost increases on a long-term contract?
A. Cost plus percentage of cost
B. Firm-fixed price
C. Time and materials
D. Firm-fixed price with economic price adjustment
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Related Book For
Project Management A Systems Approach To Planning Scheduling And Controlling
ISBN: 9781119805373
13th Edition
Authors: Harold Kerzner
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