Cost-reimbursement contract over fixed price contracts

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Reference no: EM133508492

Question

1. List 2 Pros and 2 Cons of selecting a Cost-reimbursable contract.

2. List 2 pros and cons of selecting a fixed price contract.

3. Give 2 reasons of using cost-reimbursement contract over fixed price contracts.

4. Give 2 reasons of using fixed price contracts over cost re-imbursement contract.

Reference no: EM133508492

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