_____ contracts involve payment to the supplier for direct and indirect actual costs and often include fees.
A)Firm-fixed-price
B)Lump sum
C)Cost-reimbursable contracts
D)Fixed-price incentive fee

Question

_____ contracts involve payment to the supplier for direct and indirect actual costs and often include fees.
A)Firm-fixed-price
B)Lump sum  
C)Cost-reimbursable contracts
D)Fixed-price incentive fee

Quizplus · Accepted Answer

Cost-reimbursable contracts involve payment to the supplier for direct and indirect actual costs. Such contracts often include fees, such as a profit percentage or incentives for meeting or exceeding selected project objectives.

_____ Contracts Involve Payment to the Supplier for Direct and Indirect