Under a__________ , vendors provide and hourly rate and an estimate about the time and material needed.
A)fixed- price contract.
B)time- and- materials contract.
C)cost- reimbursable contract.
D)incentive- based contract.

Question

Quizplus · Accepted Answer

A time-and-materials contract involves vendors providing an hourly rate and an estimate of the time and materials needed for a project.

Under A__________ , Vendors Provide and Hourly Rate and an Estimate