You are the project manager responsible for renovating a 70-year old office building. You intend to hire an outside construction firm to seismic retrofit the building in order to make that the building can with stand large earthquakes. You are in the process of selecting a contract type best suited for this project. You would like to select a contract type that transfers the risks onto the seller for any cost risk and non- performance issues. Which contract type should you choose?
A. CPPC contracts
B. CPFF contracts
C. Cost reimbursable contracts
D. T&M contracts
E. Fixed price contracts
|
Download Printable PDF. VALID exam to help you PASS. |
 |