Examlex
The Industrial Age is an era in which people engage in networked communication, collaborate across boundaries, and solve problems communally.
Hourly Rate
The amount of money paid for each hour of work.
Incentive Fee Contract
A contract type that provides additional compensation to the contractor for exceeding performance targets.
Cost Reimbursable Contract
A contract where the buyer reimburses the contractor for all legitimate costs incurred plus an additional fee for profit.
Fixed Fee
A fixed fee is a pricing structure where a single set price is agreed upon for a service or project, regardless of the time or resources used.
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