Question
In which type of contract is the incentive for the contractor to control costs very high, but the contractor is also forced to bear a
In which type of contract is the incentive for the contractor to control costs very high, but the contractor is also forced to bear a great deal of risk?
Fixed price
Cost reimbursement
Time and materials
Cost-plus-fixed-fee
My answer is: Cost-plus-fixed-fee
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Management
Authors: Chuck Williams
4th Edition
978-0324316797, 0324316798
