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You are constructing a big mall for a client. During the execution phase, the client requests additional work and you agree. The scope of work is clear but you are lacking expertise and time, so you decide to procure this part of the work. What kind of contract will you select considering you can review invoices submitted by a contractor?
  • Firm fixed price
  • Cost plus fixed fee
  • Fixed price incentive fee
  • Time & material

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