NIGP-CPP Practice Questions - NIGP-Certified Procurement Professional (NIGP-CPP) Exam

Which contract type places the GREATEST cost risk on the contractor?

Cost-plus-fixed-fee (CPFF) Firm-fixed-price (FFP) Time and materials (T&M) Cost-plus-incentive-fee (CPIF)

Correct Answer:

Firm-fixed-price (FFP)

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