Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Cost Plus Award Fee Contract (CPAF)
B. Firm-Fixed -Price Contract (FFP)
C. Time and Material Contract (T&M)
D. Cost Plus Incentive Fee Contract (CPIF)
Answer:C
Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Cost Plus Award Fee Contract (CPAF) B. Firm-Fixed -Price Contract (FFP) C. Time and Material Contract (T&M) D. Cost Plus Incentive Fee Contract (CPIF)