Question: Youre trying to decide whether or not to contract out a construction job. To do it within your company, you will have to hire an

You’re trying to decide whether or not to contract out a construction job. To do it within your company, you will have to hire an engineer for $35,000 and pay a construction team $15,000 per week. A contractor quotes you a price of $19,000 per week, and your expert agrees that you won’t find a lower price than that. The job will take 16 weeks. What’s the BEST way to proceed?

A. Pay the contractor to do the job B. Select a T&M contract C. Don’t contract out the work; hire the engineer and pay the construction team to do the work D. Make sure the contract has a force majeure clause

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