Risks and Benefits of Cost-Reimbursable Contracts

As I mentioned in my previous post, Fixed-Priced Contracts, there is no ONE best type of contract to manage. The risk the vendor and customer share is determined by the contract type. The best thing you can do is understand the risks and benefits of each. There are three categories of contracts: Fixed-Price, Cost-Reimbursable, and Read more about Risks and Benefits of Cost-Reimbursable Contracts[…]