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PM Prepcast: Free PMP Exam Questions and Answers (PMBOK 5) May 2017 update
In which type of contract is the seller reimbursed for performing the contract work and receives a fixed fee payment calculated as a percentage of the estimated project cost?
A. Cost plus award fee contract
B. Lump-sum contract
C. Cost plus fixed fee contract
D. Cost plus incentive fee contract
Nov 20, 2017 NOTE
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