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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 ERP Project Management Contracts
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/07/22
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Ksenija Kancelak
by Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

The right answer is:

B. Firm Fixed Price Plus Incentive

 

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