CISSP-ISSMP: Information Systems Security Management Professional

By ISC · Question Mode

QuestionQ69

VerifiedSystems Lifecycle Management

Which of the following contract types reimburses the seller for all allowable costs of performing the contract work and provides a fixed-fee payment calculated as a percentage of the initial estimated project costs?

Explanation

A cost-plus-fixed-fee contract reimburses allowable costs and provides a negotiated fee fixed at contract inception. The fee does not change with actual costs, although it may be adjusted if the contract work changes.

Learn more

Community Discussion

No comments yet. Be the first to start the discussion!