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contract type
- contract type
- contract type
Categories of contracts that are differentiated according to:
1. The degree and timing of the responsibility assumed by the contractor for
the costs of performance; and
2. The amount and nature of the profit incentive offered to the contractor for
achieving or exceeding specified standards or goals.
Source: Max Wideman.com
Copyright: Wideman Comparative Glossary
of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March
2002.
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