Civil Engineering MCQJE Level Civil Engineering
Cost plus percentage contract tends to give contractor:
Construction ManagementEstimating, Costing and Construction ManagementMEDIUM
Choose the correct answer
A
Fixed item rate only
B
No reimbursement of cost
C
Maximum incentive to save cost
D
Little incentive to reduce cost
Correct Answer
D. Little incentive to reduce cost
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Profit increases with cost, so economy incentive is weak.
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This MCQ belongs to SSC JE Civil Paper-I Technical Mock Test Series. Full tests include timed attempts, rank comparison and subject-wise analysis.