With a(n) _____ contract, the buyer pays the supplier for allowable performance costs plus a fixed fee payment usually based on a percentage of estimated costs.
A) CPFF
B) FPIF
C) CPAF
D) CPIF

Question

Quizplus · Accepted Answer

With a cost plus fixed fee (CPFF) contract, the buyer pays the supplier for allowable performance costs plus a fixed fee payment that is usually based on a percentage of estimated costs. This fee does not vary unless the scope of the contract changes.

With A(n) _____ Contract, the Buyer Pays the Supplier for Allowable