BICSI
RCDD-001 · Question #171
Which is NOT a type of contract?
The correct answer is D. Mediation panel assigns a fair price based on work completed. See the full explanation below for the reasoning.
Question
Which is NOT a type of contract?
Options
- AContractor submits a fixed price for the SOW
- BContractor is reimbursed for actual costs plus a fee
- CUnit price is used because the SOW cannot be determined prior to bid
- DMediation panel assigns a fair price based on work completed
How the community answered
(32 responses)- A19% (6)
- B3% (1)
- C6% (2)
- D72% (23)
Community Discussion
No community discussion yet for this question.