Fixed Price contracts place more risk on the?

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A. buyer

B. C or D

C. owner

D. contractor

E. seller

Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/07/22

Apprécier (0) Vues (8) Suiveurs (5) Réponses (5) Report Question

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

The most suitable option is

B. C or D

par Nader Ali , Technical office manager , AlSafwa Contracting

My answer is D) THE CONTRACTOR

par Md Ashril Uz Zaman , Senior Manager (MEP) , MG Properties Ltd. (Mohammadi Group)

Fixed Price contracts place more risk on the predictability, higher cost, market chaning, budgeting and ability to pay

par abdeldjebar acidi , CONSTRUCTION SITE MANAGER , EIFFAGE

par Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

The answer is: B

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. ... Voir Plus

Réponses (1)
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 ... Voir Plus

Réponses (5)
Generally speaking an advantage of a fixed price contract is?
Top Answer: Thanks for the invite. It is B - the cost risk is lower. In FP type buyer has less cost risk. ... Voir Plus

Réponses (5)
In a fixed priced contract the profit of the seller is?
Top Answer: Most of the times it is unknown, so answer is B. Unknown However in some cases it is negotiated and agre ... Voir Plus

Réponses (10)

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