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Which contract type consists of - target costs & profit, ceiling prices and shared ratio of risk?

 A. Cost Plus Incentive Fee

B. Firm Fixed Price Plus Incentive

C. Firm Fixed Price

D. Cost Plus Fixed Fee

E. Cost Plus Percentage of Costs

Procurement Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/01/04
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Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option B. Firm Fixed Price Plus Incentive 

is the correct choice.

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

B. Firm Fixed Price Plus Incentive

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