Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?

Correct Answer for the Question – Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives? is given below

Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives?

Cost Plus Incentive Fee (CPIF)

Fixed Price Incentive Fee (FPIF)

Cost Pius Award Re (CPAF)

Time and Material (T&M)

Correct Answer

The Correct Answer for this Question is

Fixed Price Incentive Fee (FPIF)

Explanation

The Question – Which type of contract gives both the seller and the buyer flexibility to deviate from performance with financial incentives? has been answered correctly and answers for the question is Fixed Price Incentive Fee (FPIF)

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