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