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متابعة

Which of the following BEST describes the “point of total assumption” for a contract?

 

 

 

A. The point in a cost-plus contract where the buyer assumes that the seller will need to be paid

B. The total cost of a T&M contract

C. The point in a fixed price contract where the seller has to assume all costs going forward 

D. The total number of resources required for a contract

 

 

 

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تم إضافة السؤال من قبل Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
تاريخ النشر: 2016/09/02
Imran Ahmed
من قبل Imran Ahmed , Manager-Planning & Delay Analyst , Nesma United Industries (NUI) Saudi Arabia

Option-C. The point in a fixed price contract where the seller has to assume all costs going forward.

Since Fixed Price contract has the highest risks considering all assumptions (Scope of works)

Ghulam Farid
من قبل Ghulam Farid , Contracts Officer , Abu Dhabi Company for Onshore Petroleum Operations (ADCO)

Yes I endorse Mr. Ahmad's response as PTA is falling under FP/ Insentive contracts

Don't have time go into details:

https://en.m.wikipedia.org/wiki/Point_of_total_assumption

 

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟