Could you help me identify the following aspects for the attached prompt please?

Type of Contract to be used [The purpose of this section is to describe the type of contract to be used so the contracts and purchasing department can proceed accordingly. There are many different types of contracts like firm-fixed price, time and materials (T&M), cost-reimbursable, and others.]

Procurement Risks [The purpose of this section is to identify any potential risks associated with procurement for the project. Depending on the contract type, items or services being purchased, vendor history, or uncertainties in the project's scope, schedule, or budget, potential risks may require more detailed planning and mitigation strategies.]

Procurement Risk Management [The purpose of this section is to describe how risks related specifically to procurement activities will be managed. All projects should have an independent and thorough risk management plan. However, much like there are risks which pertain only to procurement, there are risk management considerations which may also be unique and apply only to procurement.]

Scenario: You are the project manager for a project chartered to develop an application for mobile devices. The app is designed to allow users to use mobile pay services to purchase fuel at gasoline pumps. This project requires the integration of several types of programming your company does not normally do in-house. It may require the services of one or several vendors to provide technical support The project also requires the delivery of an "on-pump" interface for mobile devices that your company cannot produce in-house. A subcontractor will be required to manufacture this device. Objective: You and your team will prepare a procure management plan to describe how you will plan, administer, monitor and control, and close the various contracts required to execute the stated project plan. The plan should be broad enough to facilitate any contract the project may require, addressing any known contracts that may be needed, as well as providing a provision for initiating new contracts for unforeseen subcontractor needs