Question: 8. Using there three type of contracts: Unit price U Lump-sum L Cost-plus-fee . Make recommendation for the best type pf contract to these projects:

8. Using there three type of contracts: Unit

8. Using there three type of contracts: Unit price U Lump-sum L Cost-plus-fee . Make recommendation for the best type pf contract to these projects: A. Residential house: the contractor has built many similar houses B. Two-lane road, around 2 miles but not sure of the exact length C. Restoration of an old building that has unique design and materials C D. Strip mall, nothing extraordinary about its design E. A typical hospital, similar to other hospitals the contractor built before F. Large amount of sidewalks in the city. Total amount is not exactly known U G. A prison with new technologies. The contractor built several prisons before but this one has unique and new features C 9. In the cost-plus-fee contracts: A. The general contractor takes most of the risk B. The owner takes most of the risk C. The risk is divided equally between the owner and general contractor D. The risk is shifted to subcontractors

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