Advocates for a cost reimbursement contract


Question: During a project procurement meeting related to the type of contract to be used in this case, a key stakeholder advocates for a cost reimbursement contract with incentive fees linked to early delivery and quality level of the software development (Cost Plus Incentive Fee contract). In this case, who will take the project cost risk? The buyer There is no cost risk in this case The seller The cost risk will be shared by both the buyer and the seller.

 

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Other Subject: Advocates for a cost reimbursement contract
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