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متابعة

To transfer most of the cost risk to the contractor, you may use _ contract

To transfer most of the cost risk to the contractor, the client may use a _ contract.

 

  1. cost plus award fee
  2. cost plus incentive fee
  3. cost plus fixed fee
  4. fixed price

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تم إضافة السؤال من قبل Dhawal Thakkar , Senior Engineer Projects , TDK Corporation
تاريخ النشر: 2015/03/28
Javad Taghavi
من قبل Javad Taghavi , Program Manager, Senior Adviser in Project Management , KCE Co.

D: fixed price type of contract will transfer risk to sellers 

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

Answer is 4. Fixed Price contract.

In fixed price contract, your client will have least cost risk as the cost risk is transfered to the contractor in fixed price contract.

Sherif Hussein
من قبل Sherif Hussein , Supply Chain Manager , Alrowad company for plastic pipes

We All use nowadays (  Fixed price ) but it proves that the contactors always give us a hard times and twist  the work in order to maintain there profit margin.

I this the best practice is to include

Cost plus award fee