PMP Exam Prep: A fixed-price contract with a special allowance for price increases based on economic reasons such as inflation or the cost of raw materials.

Question

A fixed-price contract with a special allowance for price increases based on economic reasons such as inflation or the cost of raw materials.

Mitch Palmer · Accepted Answer

Fixed-price with economic price adjustments

A fixed-price contract with a special allowance for price increases based on economic reasons such as inflation or the cost of raw materials.