A _____ is a cost reimbursable contract that includes an additional incentive payment if the contractor reduces costs below a target amount or completes the work ahead of schedule.
A) cost reimbursable contract with a percentage fee
B) fixed price with an incentive fee
C) cost reimbursable contract with an incentive fee
D) fixed price with price adjustment
E) cost reimbursable contract with a fixed fee

Question

Quizplus · Accepted Answer

A cost reimbursable contract with an incentive fee includes an additional incentive payment if the contractor reduces costs below a target amount or completes the work ahead of schedule.

A _____ Is a Cost Reimbursable Contract That Includes an Additional