In which type of contract is the incentive for the contractor to control costs very high, but

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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?

a. Fixed price

b. Time and materials

c. Cost reimbursement

d. Cost-plus-fixed-fee

Please also explain so that I can understand. :) Thank you!

Posted Date: May 19, 2024 02:16 AM

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In which type of contract is the incentive for the contractor to control costs very high, but

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