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A project manager for a large manufacturing company is working on a project that calls for a new building to be constructed to house a
A project manager for a large manufacturing company is working on a project that calls for a new building to be constructed to house a new clean system manufacturing process that is critical to the success of the project. Construction is not a core competency of his company. His team has the ability to create a detailed SOW with penalties if specific statements of work deliverables are not met. He is in the procurement planning evaluation phase of the project, which contract would work the best. Which of the following is the best type of contract for this situation?
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