You have decided to award a contract to a seller that has provided quality services to your company frequently in the past. Your current project, although somewhat different from previous projects, is similar to other work the seller has performed. In this situation,
to minimize your risk you should award what type of contract?
A. Fixed price with economic price adjustment
B. Fixed-price-incentive (firm target)
C. Firm-fixed-price
D. Cost-plus-award-fee
to minimize your risk you should award what type of contract?
A. Fixed price with economic price adjustment
B. Fixed-price-incentive (firm target)
C. Firm-fixed-price
D. Cost-plus-award-fee