Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

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
user-image
Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/01/04
Upvote (0) Views (3) Followers (2) Answers (2) Report Question
Write an Answer
Register now or log in to answer.
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

Write Your Answer
More Questions Like This