Procurement Manager Daisy works at a Fortune 100 company and acknowledges that t

Question

Procurement Manager Daisy works at a Fortune 100 company and acknowledges that there are some “unknowns” in her procurement statement of work and specifications. Which contract type should Daisy Duke not use? A. Time and People B. Cost-Plus-Percentage of Cost Fee C. Fixed-Price D. Cost-Reimbursable Procurement Manager Daisy works at a Fortune 100 company and acknowledges that there are some “unknowns” in her procurement statement of work and specifications. Which contract type should Daisy Duke not use? A. Time and People B. Cost-Plus-Percentage of Cost Fee C. Fixed-Price D. Cost-Reimbursable

Explanation / Answer

Answer: Fixed price as this would limits the flexibility of the contract.

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