Question: which contract type should be used by the buyer on a high risk project? a. cost plus incentive fee b. lump sum c. cost plus
which contract type should be used by the buyer on a high risk project?
a. cost plus incentive fee
b. lump sum
c. cost plus percentage of cost
d. fixed price plus incentive fee
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
