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The contract in which the seller is reimbursed for all …

The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then
receives a fee based upon achieving certain performance objectives is called a:

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A.
Cost Plus Incentive Fee Contract (CPIF).

B.
Cost Plus Fixed Fee Contract (CPFF).

C.
Fixed Price Incentive Fee Contract (FPIF).

D.
Time and Material Contract (T&M).


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