Question: With a Time and Materials ( T&M ) contract Group of answer choices the contractor has an incentive to perform the work in the shortest

With a Time and Materials (T&M) contract
Group of answer choices
the contractor has an incentive to perform the work in the shortest time and with the fewest materials
the customer pays a contracted fixed price that is estimated before the poject based on labor time and material
the contractor is reimbursed for direct labor hours at a specified per-person hourly rate plus material costs and a mark-up
the time represents the duration of the project (start to finish) and the materials are whatever was needed to produce the estimate

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