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Scrutinize the various types of contracts and give a scenario for each type. Evaluate the requirements for a fixed-price contract. Find out the ways that the duration of the fixed-price contract can influence the cost savings to the government. Then, make an argument in support of fixed contract pricing for an interval of your choosing.

Look at the needs for a performance-based contract. Then, make a brief outline of a performance-based contract for your past or present career field.

Examine the requirements and components comprised in the statement of objectives. Find out the performance needs and performance standard differences between small or big contracts.

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