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A project requires a component with well-understood specifications. Performan…

A project requires a component with well-understood specifications. Performan

ce targets are established at the outset, and the final contract price is determined after completion of all work based on the sellers performance. The most appropriate agreement with the supplier is:

A.Cost Plus Incentive Fee (CPIF).

B.Fixed Price

Incentive Fee (FPIF).

C.Cost Plus Award Fee (CPAF).

D.Fixed Price with Economic Price Adjustment (FP-EPA).


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