Multiple Select Question

Select all that apply

Which statements correctly describe $$fixed$-$price$$ and $$cost$-$plus$$ contracts? More than one answer may be correct.

Multiple select question.

In a $$cost$-$plus$$ contract, the final price is not known until the project is completed.

In a $$fixed$-$price$$ contract, the price will only change if there is a change in scope or provisions of the agreement.

In a $$fixed$-$price$$ contract, the final price is not known until the project is completed.

In a $$cost$-$plus$$ contract, the contractor is reimbursed for all or some of the expenses.