What type of contract includes a target fee a minimum fee


1. Operations and maintence monies (O&M) are alid for:

a. 1 year

b. 3 years

c. 2 years

4. 5 years

2. What type of contract includes a Target Fee, a Minimum Fee and a Maximum Fee?

a. All of them do

b. CPAF

c. CPFF

d. CPIF

3. Sealed bidding is covered mainly in FAR Part 15

a. True

b. False

4. Which solication allows for negotiation?

a. Request for Proposal

b. Invitation for Proposal

c. Invitation for Bid

d. Request for Quote

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Financial Management: What type of contract includes a target fee a minimum fee
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