The NRC (National Research Council) of Canada is sending out a request for proposal for a very large long-term research and development project. What contract type are they most likely to use? fixed price cost reimbursable time and materials unit price You are working under a large Fixed Price Incentive Contract. The pricing for the contract is: target cost: $200,000 target prot: $ 20,000 target price $220,000 share ratio 70l30 Price ceiling $250, 000. The Point of total assumption for this contract is? $ 220.000 $ 228,750 $ 242.857 $ 250.000 As a buyer, the lowest risk contract type for you from a nancial view is: time and materials cost-pl us-incentive fee cost-plus-fee rm xed price Your customer has decided to end the project even though your organization wants to continue. They no longer need or want the work done in your contract. The project moves into: verify scope close project close procurements administer procurements Source selection criteria is developed early in the procurement processes and is used in: plan procurements conduct procurements administer procurements close procurements Buyer A hires Seller B to conduct training courses onsite for Buyer A. Seller B subcontracts out some of the work to Subcontractor C. The instructor of Subcontractor C is not performing. What should Buyer A do? nothing since there is a contract in place ask Subcontractor C to remove this instructor ask Seller B to contact Subcontractor C to remove this instructor do nothing now but do not pay Seller B for the training You are near ready to send out your procurement documents. All the following are names for procurements documents you may use to request the seller to make an offer to sell except: request for information request for proposal invitation for bid tender notice