Types of Contracts in Procurement

Discuss the following types of contracts (250 words each)

  • Firm-Fixed Price Contract (FFP) Contract
  • Fixed-Price-Incentive-Fee Contract (FPIF) Contract
  • Cost-Plus-Incentive-Fee Contract (CPIF) Contract
  • Cost-Plus-Award-Fee (CPAF) Contract
  • Cost-Plus-Fixed-Fee (CPFF) Contract
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