With Knowledge of Potential Risks, the Contractor Can Include Contingency

question 60

True/False

With knowledge of potential risks, the contractor can include contingency or management reserve amounts in the bid price.

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Definitions:

Catheterization

A medical procedure used to drain urine from the bladder when a patient is unable to do so naturally, involving the insertion of a tube called a catheter.

CISC

Clean Intermittent Self-Catheterization, a technique used to empty the bladder using a catheter, performed by the patient or a caregiver at regular intervals.

Interval

A measure of time between events or a specific distance between two points, often used in medical assessments or treatments.

Temperature Monitoring

The ongoing measurement of body temperature to assess health status or detect fever or hypothermia.