Comparison of Major Contract Types - Under Secretary of ...
Comparison of Major Contract Types. Cost-Plus Incentive-Fee (CPIF) Cost-Plus Award-Fee . Cost-Plus Fixed-Fee . Cost or Cost- Sharing . Time & Materials (T&M) Principal Risk to be Mitigated. Highly uncertain and speculative labor hours, labor mix, and/or material requirements (and other things) necessary to perform the contract. ................
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