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Which of the following types of contracts allows the owner to transfer risk to the contractor?

A. cost plus fixed fee

B. cost sharing

C. cost plus incentive fee

D. performance guarantees

E. firm fixed price

Logistics Procurement Project Management Contracts Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/06/03
Upvote (2) Views (8) Followers (8) Answers (8) Report Question
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Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

In my opinion - E. firm fixed price

Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option E is the best choice.

Aneesh Shandilya
by Aneesh Shandilya , Manager/ Lead Electrical , Orpic

Option E is the correct answer - Firm fixed price.

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

Of course it is E - firm fixed price type contract . 

Isam Elzein Elmahi Ahmed Elmahi

C. Cost plus incentive fee

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

It is more convenient answer Option E - Firm fixed price.

ZULFIQAR ALI
by ZULFIQAR ALI , Planning/ Project Control Manager , King Abdullah University Of Science And Technology

Contractor transfer risk through firm fix price. My answer is 

E. Frim fixed price

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