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QUESTION
which type of contract is the incentive for the contractor to control costs very high, but the contractor is also forced to bear a great deal of risk?...
In which type of contract is the incentive for the contractor to control costs very high, but the contractor is also forced to bear a great deal of risk?
Fixed price
Cost reimbursement
Time and materials
Cost-plus-fixed-fee
My answer is: Cost-plus-fixed-fee
