In your project, you have been sub-contracting your IT development work to four consultancy firms. Which of the following statements about transferring risk to a contractor is not true?

a) Risk transference nearly always involves payment of a risk premium.

b) Fixed price contract always transfers the risk to the seller.

c) Cost-plus contracts may transfer the cost risks to the buyer.

d) Contracts may be used for the transference of liability for specified risks to another party.