In which of the following is the cost of risk hidden by the contractor?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
In which of the following is the cost of risk hidden by the contractor?
Posted by:
Muhammad Farooq
21-January-2017

A. Fixed Price Plus Incentive

B. Firm Fixed Price Contract and Fixed Price Plus Incentive

C. Firm Fixed Price Contract

D. Cost Plus Percentage of Cost

E. Cost Plus Fixed Price

Procurement Costing Project Management

Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/07/03

Upvote (0) Views (4) Followers (2) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

Muhammad Farooq

by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

The most suitable option is D. Cost Plus Percentage of Cost

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

The proposal manager of your company approached you recently. You made some estimates on direct costs for an offer on a firm fixed price contract. ?
Top Answer: HI. I'm not clear on what the actual question is; but if it revolves around reacting to a high price, th ... See More

Answers (5)
To transfer most of the cost risk to the contractor, you may use _ contract
Top Answer: D: fixed price type of contract will transfer risk to sellers See More

Answers (3)
When should a Time and material contract with a contractor been chosen instead of a Fixed price contract?
Top Answer: Thank you Mr. Farooq for always inviting me :) My answer is letter A. Because in this case your time will ... See More

Answers (2)
When should a Time and material contract with a contractor been chosen instead of a Fixed price contract?
Top Answer: A. When project scope includes the progressive elaboration of the scope of deliverables. ... See More

Answers (1)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.