Question: When discussing the contracting process, this chapter states that when subcontracting for a complex project, the buyer should use back-to-back contracts for business-critical project activities
When discussing ‘the contracting process’, this chapter states that when subcontracting for a complex project, the buyer should use back-to-back contracts for business-critical project activities that are subcontracted to specialist firms. What are back-to-back contracts and why should buyers use these? Explain.
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