In cost-plus contract, the contractor will get costplus

Related MCQs

• In …………….. contract the contractor will get cost plus stipulated profit
• A contract in which the contractor is given the lost of work done plus a certain percentage for profit is called …………………….
• In contract costing payment of cash to the contractor is made on the basis of
• The portion of value of work that has been done by the contractor and architect or supervisor of the contractee certified that work is ………..
• The cost of work that has been done by the contractor on the closing date of account, but has not reach stipulated stages to qualify certification of architect of contractee
• ……………. In a contract , provides that the contract price would be suitably enhanced on the happening of a specified contingency
• When the competition stage of a contract is less than ¼ , the total expenditure on the contract is transferred to ………… account
• In a contract costing payment of cash to the contract is made on the basis of …………………………. Work
• A contract in which the price is fixed in advance is a ………….. contract
• When the completion stage of a contract is less than ¼ of the total expenditure on the contract is transferred to