If there is high risk for the success of a project, the contractor should include a cost-reimbursement plan in their cost section if the RFP did not specify a contract type.

Question

Quizplus · Accepted Answer

This is because cost-reimbursement contracts are typically used when the contractor is assuming a high degree of risk, and if the RFP did not specify a contract type, it is up to the contractor to propose an appropriate one.

If There Is High Risk for the Success of a Project