Which of the following best explains 'reimbursable time and materials contracts'?
A) Contractor receives a fixed sum per annum.
B) Contractor receives a fixed sum per month.
C) Contractor receives a variable sum based on work completed.
D) Contractor receives a fixed sum per unit of work completed.

Question

Which of the following best explains 'reimbursable time and materials contracts'? 
A) Contractor receives a fixed sum per annum. 
B) Contractor receives a fixed sum per month. 
C) Contractor receives a variable sum based on work completed. 
D) Contractor receives a fixed sum per unit of work completed.

Quizplus · Accepted Answer

The Answer of Which of the following best explains 'reimbursable time and materials contracts'? 
A) Contractor receives a fixed sum per annum. 
B) Contractor receives a fixed sum per month. 
C) Contractor receives a variable sum based on work completed. 
D) Contractor receives a fixed sum per unit of work completed.

Which of the Following Best Explains 'Reimbursable Time and Materials