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Who has the most risk in a cost reimbursable contract - the buyer or seller ?

The buyer has the most risk as if the cost increases, he has to pay the additional cost.

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تم إضافة السؤال من قبل Mohammed Qaisar I PMP I MCIPS I MBA , Group Procurement Manager (Civil) , Al Ghurair Construction LLC
تاريخ النشر: 2017/09/23
مستخدم محذوف‎
من قبل مستخدم محذوف‎

The buyer is the most at risk in this type of contract.

Mouhanad Alturkmani
من قبل Mouhanad Alturkmani , Chief Financial Officer , Murano Property Development

The buyer has the most risk .

Lavanya Mohanarangan
من قبل Lavanya Mohanarangan , Senior Quantity Surveyor , Aati Contracts

Buyer has to face all risks in case of cost reimbursable Contract

Zakir Muhammed
من قبل Zakir Muhammed , Contract Administrator , DS Contracting Co.

Yes, buyer must bear all the additional cost arises.

المزيد من الأسئلة المماثلة