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13y ago

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What was least satisfying about your job?

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The least preferred contract type for the Government is the cost-plus contract. This type of contract places the greatest risk on the Government because it reimburses the contractor for their allowable costs plus an additional fee, which can lead to unpredictable expenses and less incentive for cost control. Consequently, it can result in higher overall costs and diminished accountability for the contractor in managing project expenses.


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Which is the least preferred contract type because it places the greatest risk on the government?

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What is the least preferred method for calculating the equitable adjustment?

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