All of the following are contract types except:

posted 2½years ago by pin
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Procurement Management

All of the following are contract types except:

a. unit-price
b. make-or-buy
c. cost reimbursable
d. lump sum

george (2¼years ago):
The answer is B, which is not a type of contract, but a technique in procurement management. The rest are:

A: Unit price contract buys one unit/product for a pre-defined fixed price
C: Cost reimbursable compensate supplier all costs plus some fee on top of it
D: Lump sum is a one-time purchase agreement

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