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across the country. You are hiring a contractor for portions of the project. The contract stipulates that you'll pay all allowable costs and an8 percent fee over and above the allowable costs at the end of the contract. All of the following describe this type of contract except for which one?
A. Cost-reimbursable contract
B. CPIF
C. CPF
D. CPPC
My opinion is that the right answer is: B
If the 8% is fixed amount than it should be Option - B (Incentive by nature is a variable component depending upon the performance).
The most suitable opion is
B. CPIF
for sale propaganda i will make my project involve creating a prototype display at different stores relevant to my activity and to make such permit cost has to be involved because no body agree to display a show freely , then a budget has to be set , and an actual feasibility study has to be set as well same as using media or newspapers or TV channels etc actually one of the big sale strategies is to have show an advertisements of coarse you have to register the right for ownership of the product whether you are the origin or just unique vendor , the trading mark or logo as genuine product has to be inserted also and show your address and how to be contacted and you can authorize some trusted toy shops to do the sales on your behalf of coarse with some reasonable commission ,this one of the art of sale
thanks for invition ,,,,,,,,,, my choice is option C
C. The CPF term does not specify any reinbursable payment
Cost plus fixed fee..
I think Option C is the answer.
