Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the equivalent of cost-reimbursable contracts frequently termed?

a. Back-charge contracts

b. Fixed-price contracts

c. Progress payment contracts

d. Cost-plus contracts

user-image
Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/09/16
Mohamed Sirajudeen
by Mohamed Sirajudeen , Head Of Operations & Compliance , AGBIZZ Group

D cost plus Contract since adding the mark up on the cost incurred

A not correct back charge contract which means client/ contractor  incur cost due to failure to execute by sub-contractor or main contractors

B not correct fixed price contract mean lump sum contract

C not correct progressive payment contract is method of payment and not a contract

 

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

D. Cost-plus contracts ----------

Mohamed Helal
by Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

d. Cost-plus contracts..........................................

Nader Ali
by Nader Ali , Technical office manager , AlSafwa Contracting

My answer is option D) Cost-plus contracts

Sattar Abdulkarim  Mohamed
by Sattar Abdulkarim Mohamed , Country Sales Director , Ideal Technical Solutions

Thanks for your invitation, My reply is Option D.

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

Thanks for the invite.

My answer is D-Cost Plus Contracts.

Ksenija Kancelak
by Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

Answer is:d. Cost-plus contracts

sardar mardookhy
by sardar mardookhy , PMP certified Project manager , MCCI

d. Cost-plus contracts is my option

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.