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متابعة

Cost Plus Percentage of Cost (CPPC) contracts provide?

A. A reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit.B. A reimbursement of allowable costs plus a fixed fee which is paid proportionately as the contract progresses.C. The supplier with a fixed price for a delivered performance plus a predetermined fee for superior performance.D. None of the above.

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تم إضافة السؤال من قبل Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
تاريخ النشر: 2016/09/18
Md Fazlur Rahman
من قبل Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

Option-A is best choice. The allowable cost means there is reasonable control of buyer  and then a agreed upon/fixed fee as profit.  Here the risk is mostly shared by the contractor.

Option (A). A reimbursement of allowable cost of services performed plus an agreed upon percentage of the estimated cost as profit

Imran Ahmed
من قبل Imran Ahmed , Manager-Planning & Delay Analyst , Nesma United Industries (NUI) Saudi Arabia

Option-A

In cost type contracts, the performance risk is borne mostly by the buyer, not the seller.

sardar mardookhy
من قبل sardar mardookhy , PMP certified Project manager , MCCI

A. is my option,

thanks,..............

mamoun mokhtar
من قبل mamoun mokhtar , general manager , albyan technical foungary

pay a fee that rises as the contractor's cost rise. Because this contract type provides no incentive for the contractor to control costs it is rarely utilized.

Muhammad Farooq
من قبل Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Reply   -----------------------------

Krishna   KHASANIS  PMP
من قبل Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Thanks for the invite.

I go with option D - None of the above.

In CPPC type contract, buyer pays all costs plus a percentage of costs as a fee.

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟