Fixed-price contracts place more risk on the

A. contractor and seller

B. contractor

C. seller

D. owner

E. All of the other alternatives apply.

Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/11/03

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

A. contractor and seller =------------------------

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

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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)
Generally speaking an advantage of a fixed price contract is?
Top Answer: Option-B The cost risk is lower This contract is having advantage as a contract with less cost risk invol ... See More

Answers (5)

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Fixed-price contracts place more risk on the _ ?