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You are the project manager for BB Tops, a nationwide toy store chain. Your new project involves a creating a prototype display at several stores?

across the country. You are hiring a contractor for portions of the project. The contract stipulates that you'll pay all allowable costs and an8 percent fee over and above the allowable costs at the end of the contract. All of the following describe this type of contract except for which one?

A. Cost-reimbursable contract

B. CPIF

C. CPF

D. CPPC

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/07/09
Ksenija Kancelak
par Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

My opinion is that the right answer is: B

VINAY KUMAR GOSWAMI
par VINAY KUMAR GOSWAMI , Partner , 2MI

If the 8% is fixed amount than it should be Option - B (Incentive by nature is a variable component depending upon the performance).

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

The most suitable opion is

B. CPIF

Usman Islam
par Usman Islam , Yard Manager , Kirtanlal Scaffolding & Formwork

Option C is the correct choice

mamoun mokhtar
par mamoun mokhtar , general manager , albyan technical foungary

for sale propaganda i will make my project involve creating a prototype  display at different stores relevant to my activity  and to make such permit cost has to be  involved because no body agree to display a show freely , then a budget has to be set , and an actual feasibility study has to be set as well same as using media or newspapers  or TV channels etc actually one of the big sale strategies is to have show an advertisements of coarse you have to register the right for ownership of the product whether you are the origin or just unique vendor , the trading mark or logo as genuine product has to be inserted also and show your address and how to be contacted and you can authorize some trusted toy shops to do the sales on your behalf of coarse with some reasonable commission ,this one of the art of sale

Eng Ahmed Elsharkawy
par Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

thanks for invition ,,,,,,,,,, my choice is option C

EUGENIO GONZALEZ
par EUGENIO GONZALEZ , PROCUREMENT AND CONTRACT MANAGER , OEMK OVERSEAS SERVICES, CA

C.  The CPF term does not specify any reinbursable payment

sardar mardookhy
par sardar mardookhy , PMP certified Project manager , MCCI

Cost plus fixed fee..

I think Option C is the answer.

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