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Which of the following characteristics is FALSE about a Cost Plus Award Fee contract?

A) Share ratio specifying government/contractor shares of cost overruns and underruns

B) Award fee that may be earned based on contractor’s performance relative to criteria established at the beginning of each award fee period

C) Award fee determination is made unilaterally by the government

D) Provides for fee including a base fee and an award fee.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92171950

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