(Answered) The contractual agreement under cost-reimbursable contracts

Management Studies

The contractual agreement under Cost-reimbursable Contracts, which influences the Plan Procurement process and where the seller is reimbursed for all the legitimate costs, but the majority of the fee is earned only based in the satisfaction of certain broad subjective performance criteria defined and incorporated into the contract is called:

Cost Plus Fixed Fee contracts (CPFF).
Cost Plus Award Fee contracts (CPAF).
Cost Plus Incentive Fee contracts (CPIF).
Cost Plus Firm Fixed Fee contracts (CPFFF).

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