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April 9, 2021

Considering the various types

General Questions

Considering the various types of contracts used in government contracts, what type of contract would you use for the following situation, e.g., fixed price, some type of cost contract, something else. And tell my why. What risks and benefits are inherent in the types of contracts you chose?

1. Armored limousines for the Secret Service.

2. Research and development of a new weapon system for the Customs and Border Protection agency.

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