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Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?

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Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?

A.

Cost Plus Award Fee Contract (CPAF)

B.

Firm-Fixed -Price Contract (FFP)

C.

Time and Material Contract (T&M)

D.

Cost Plus Incentive Fee Contract (CPIF)

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