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【Daily Topic】【Engineering Version 20170527】

2017-05-27View Original

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Participation reward: 2 Wealth. Correct reward: 6 Wealth (please hide the answer.) Method: Advanced mode -- click the icon that combines a lock and a basket -- add hidden content -- submit). Multiple-choice question: To shift most of the cost risks to the contractor, the client may use a ( ) contract. A. Fixed price B. Cost plus incentive fee C. Cost plus fixed fee D. Cost plus bonus fee A
Reply #22017-05-27
A fixed-price contract is a contract in which the price remains unchanged within the agreed scope of risks. Under this approach, the contracts signed among the parties must clearly specify the risks that each party is responsible for, thereby reducing the risks borne by the owner.

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