Question: A contractor bidding on a fixed-price project must develop a. accurate and complete cost estimates and include sufficient contingency costs. b. a well-defined project with

A contractor bidding on a fixed-price project must develop a. accurate and complete cost estimates and include sufficient contingency costs. b. a well-defined project with low risk. c. techniques to control costs and reduce expenses to make a larger profit. d. techniques to determine the cost-at-completion with actual expenditures.

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