Question: Scenario 2: It will take you 600 hours to complete the work and the costs for materials will be $150,000. Which of the following contracts
Scenario 2: It will take you 600 hours to complete the work and the costs for materials will be $150,000. Which of the following contracts gives you the greatest financial benefit per hour of work? A. Fixed price contract: Build the park in exchange for payment of $250,000 to cover all costs, overhead, and your profit. B. Cost-Reimbursable contract: All agreed-upon costs will be reimbursed and there will be a $100,000 completion award. C. Time-and-materials contract: All agreed-upon costs for materials will be reimbursed to you and you will receive $200/hour
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