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The contract in which the seller is reimbursed for all allowable costs for perfor…

The contract in which the seller is reimbursed for all allowable costs for perfor

ming the contract work and then receives a fee based upon achieving certain performance objectives is called a:

A.Cost Plus Incentive Fee Contract (CPIF).

B.Cost Plus Fixed Fee Contract (CPFF).

C.Fixed Price Incentive Fee Contract (FPIF).

D.Time and Mater

ial Contract (T&M).


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