In which of the following contract types does the buyer have the most cost risk?
A.
Cost plus percentage of costs (CPPC)
B.
Cost plus fixed fee (CPFF)
C.
Cost plus award fee (CPAF)
D.
Cost plus incentive fee (CPIF)
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12.1.1.9 PMBoK 5th
Three of the more common types of cost-reimbursable contracts in use are Cost Plus Fixed Fee (CPFF), Cost Plus Incentive Fee (CPIF), and Cost Plus Award Fee (CPAF).
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