karanchhotala158 karanchhotala158

14-03-2021
Engineering

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If you want to give a vendor an incentive to complete work early which type of contract would you use?

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kaisersriprad kaisersriprad

14-03-2021

Answer:

Time and Materials Contract

Explanation:

A time-and-materials contract may be used only when it is not possible at the time of placing the contract to estimate accurately the extent or duration of the work or to anticipate costs with any reasonable degree of confidence.

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