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The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. If the owner in A has a primary goal of completion within budget, the following contract types with the engineer/contractor would be best:
Correct Answer: D
If the owner's primary goal is completion within budget, a fixed price contract for both the engineer and the contractor is the best option. This contract type ensures that the costs are controlled, and there is less risk of budget overruns since both the engineer and the contractor are incentivized to work within the agreed budget. Therefore, the correct answer is D. Engineer - fixed price, contractor fixed price. Top of Form Bottom of Form