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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

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