liyahmakay3264 liyahmakay3264
  • 16-07-2020
  • Business
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Which type of cost-plus contract provides the seller with a guaranteed dollar-value profit rather than as a percentage

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topeadeniran2 topeadeniran2
  • 20-07-2020

Answer: Cost-plus-fixed-fee

Explanation:

A cost-plus contract is a form of contract whereby a contractor will be paid for all of its expenses and an additional payment will also be added in order to give room for a profit.

A cost-plus-fixed-fee contract is a when the payment that will be made to the contractor has been fixed at the start of the contract. In this situation, the fixed fee is not dependent on the actual cost. It provides the seller with a guaranteed dollar-value profit rather than as a percentage.

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