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Which of the following is equivalent to a lump sum contract?

A. Price fixing contract and purchase order

B. All of the other alternatives apply.

C. purchase order

D. fixed price contract

E. price fixing contract

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/03/03
Sattar Abdulkarim  Mohamed
by Sattar Abdulkarim Mohamed , Country Sales Director , Ideal Technical Solutions

It is Option D- Fixed Price Contract.

Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Of course it is D - Fixed price contract .

Abdul Rehman
by Abdul Rehman , Electrical Engineer , Tamdeed Projects

Thanks for the invitation. My answer is C

Mohamed Tarek
by Mohamed Tarek , Assistant Programme/Project Manager , United Nations Human Settlements Programme (UN-Habitat)

D. fixed price contract.

Price fixing is an agreement between competitors and a purchase order isn't "equivalent" to a lump sum contract. 

hisham abu dagga
by hisham abu dagga , Project Manager / مدير مشاريع , مؤسسة عبدالكريم العواض للمقاولات

Thank you for the invitation

 

Option D

 

Alaa Hussein
by Alaa Hussein , Program Manager , MEMECS

D: Fixed Price Contract is the right answer.

Nadeem Asghar
by Nadeem Asghar , Supply Chain Consultant/Trainer , Independent Practitioner

I would go for D Fixed Price Contract..

MOHAMMED HANEEF
by MOHAMMED HANEEF , Contracts Manager/Administrator , Schuster Pechtold Architects, Engineers & Designers

item D. FIXED PRICE CONTRACT

My answer is for option (C) purchase order

Option D "Fixed Price Contract"

DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

My opinion is option C..........................................

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