What are the major ways to incentivize a contractor what


Case- Step on crack..

"Great Job!" your boss exclaims, by recognizing that the pallets are commercial but that we needed a developmental modification, you were able to get what we needed on contract on time! Our end-of-the month metrics will look great! "I wish I had more like you" she exclaims as she exits your luxurious corner office. Just then the phone rings. . .

You hang up the phone in disgust! This just never ends! You have just been informed that there are cracks in the concrete of the runway. They must be rewired as quickly as possible. You consider your choices of contactors and realize that you don't know as and that the extent of the damage to the runway is unknown. You think to yourself "I wish I had listened more carefully in Contracts class." You pick up the phone and.

Detailed questions:

1. What are the major ways to incentivize a contractor?

2. What contract types would be appropriate in this case? Why?

3. What contract type do you recommend? Why?

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