In a quot;cost-plus-effortquot; reimbursement contract:Risk is assumed by the owner; monitoring is either low risk or done by the owne.

Published by admin at August 29, 2023

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In a “cost-plus-effort” reimbursement contract:

a.Risk is assumed by the owner; monitoring is either low risk or done by the owne.r

b.Risk is assumed by the contractor within limits; less monitoring is done by the owner.

c.Risk is assumed by the contractor; the owner needs (and is given) stable specifications.

d.Risk is assumed by the owner; monitoring is done by the owner who knows the tasks in detail.

e.None of the above.