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Advantages and disadvantages of fixed price contracts

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Reference no: EM132987942

Among all the forms of contracting described in Chapter 16, determine which one you believe would benefit the small-business owner the most. Apply this to a small business in your community.

What would you consider to be the advantages and disadvantages of fixed price contracts and cost reimbursement contracts for both the contractor and the government purchasing agency? Use the same business you chose in the first part of this discussion.

Reference no: EM132987942

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