)A new project was initiated that involves new technology and subsequently has never been
done before. What type of contract would to owner want to issue to reduce or eliminate as much
risk as possible.
1. Firm fixed price
2. Cost plus fix fee
3. Cost plus incentive fee
4. Lump sum
5. A and D
done before. What type of contract would to owner want to issue to reduce or eliminate as much
risk as possible.
1. Firm fixed price
2. Cost plus fix fee
3. Cost plus incentive fee
4. Lump sum
5. A and D