____ contracts are usually the owner's choice of last resort because they can place the owner in a vulnerable financial position.
A)Cost-plus
B)Unit-price
C)Contingency
D)Fixed cost

Question

Quizplus · Accepted Answer

Cost-plus contracts can place the owner in a vulnerable financial position because the final project cost is not predetermined. The owner agrees to pay the contractor all project costs plus a fee, which can lead to higher expenses if costs are not carefully controlled.

____ Contracts Are Usually the Owner's Choice of Last Resort