Which of the following types of contracts pays the contractor allowable performance costs along with a predetermined percentage based on actual total costs?
A)cost-plus incentive fee contract
B)guaranteed maximum-shared savings contract
C)cost-plus fixed fee contract
D)cost-plus percentage fee contract

Question

Quizplus · Accepted Answer

Cost-plus percentage fee contracts pay the contractor for allowable performance costs plus a predetermined percentage of these costs, aligning with the description provided.

Which of the Following Types of Contracts Pays the Contractor