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A. Fixed firm price B. Cost reimbursable C. progress payments D. All of the other alternatives apply. E. Fixed price plus incentive fee
B. Cost reimbursable like
It must be cost reimbursable...
A CP Contract is nothing but Cost Reimbursement Contract, is a contract where a contractor is payable for all valid expenses as per the contract, and profit.Cost-reimbursement contracts is opposite to fixed-price contract, in which the contractor is allowed to pay negotiated amount regardless of incurred expenses.
The applicable contract type is Cost Reimbusable
Answer is Cost Reimbursable
E. Fixed price plus incentive fee
None of the mentioned options is applicable.
A cost plust contract is a contract where the incurred costs are reimbursed plus an additional fee for the profit.
B. Cost reimbursable -----------------
