The contract stipulates that you’ll pay all allowable costs and a 6 percent fee over and above the…
You are the project manager for BB Tops, a nationwide toy store chain. Your new project involves creating a prototype display at several stores across the country. You are hiring a contractor for portions of the project. The contract stipulates that you’ll pay all allowable costs and a 6 percent fee over and above the allowable costs at the end of the contract. Which of the following describes this contract type?
A. CPPF
B. CPPC
C. CPF
D. CPIF