Question: When writing payment terms in your fixed-price subcontracts it is especially important to a. Include incentives if the seller exceeds or fails below defined objectives
When writing payment terms in your fixed-price subcontracts it is especially important to—
a. Include incentives if the seller exceeds or fails below defined objectives
b. Provide flexibility to redirect the seller if the scope of work is not defined precisely confusion
c. Link progress made to compensation paid
d. Associate the payment to a specific time period for more efficient accounting
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
