Types of Contracts [pic] Choosing type appropriate contract type is essential to successful performance under a contract. The type of contract determines the cost and performance risks which are placed on the contractor. There are two broad contract groups--fixed price and cost reimbursement. Within each of these groups‚ there are various types of contracts which can be used individually or in combination. [pic] Firm Fixed Price Contracts [pic] This type of contract requires the contractor
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Between 2001 and 2008‚ the prevalence of type 1 diabetes remained relatively stable‚ which is consistent with findings of a recent report based on data from Australia’s National Diabetes Register suggesting that the incidence of type 1 diabetes is increasing among children but not among young adults (Australian Institute of Health and Welfare). In contrast‚ the prevalence of type 2 diabetes increased by 36% in the adult Australian population‚ which is consistent with previously reported trends in
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TYPES OF CONTRACTS The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations‚ there are times when another contract form may be in the best interests of the project. If a contract type other than fixed-price is intended‚ it is incumbent on the project team to justify its use. The type of contract to be used and the specific
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damage and harm to the local economy. Three Types of Droughts Meteorological drought—this type of drought is all about the weather and occurs when there is a prolonged period of below average precipitation‚ which creates a natural shortage of available water. Agricultural drought—this type of drought occurs when there isn’t enough moisture to support average crop production on farms or average grass production on range land. Hydrological drought—this type of drought occurs when water reserves in
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Types of Teachers Teachers A teacher could simply be defined as one who teaches‚ or an individual who imparts information or skill to a person. Different types of teachers have different methods of passing on their knowledge. There are three types of teachers informative‚ nonchalant and friendly. There are specific teachers for each students and it is the student’s job to figure out which type of teacher is compatible with their way of learning. First‚ an informative teacher is the type of teacher
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Types of Depression Depression is now considered as the most common mental illness. As of September 20‚ 2012‚ the Centers for Disease Control (CDC) reported that about 9 percent of Americans are experiencing depression and 90 percent of suicidal reports are commonly caused by depression. The brain has a certain chemicals that work to keep your moods balanced. When your brain is not generating enough of these chemicals‚ there’s a tendency for you to become depressed. Depression is commonly referred
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Soil and its types: What is the Soil? ‘Soil’ is the thin layer on the surface of the Earth on which the living beings survive. Soil is the layer which is composed with many substances; in this layer various plants have their roots. Soil is made of many substances like weathered rock particles‚ and decayed plant and animal matter. Soil is made of diverse materials like broken down rock particles and organic material. There are different types of soil and various ways to classify it. Classification:
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Types of Buckling Engineering is one discipline that is based on several different phenomenon and concepts. Each concept in engineering is as important as other and they all work together to give rise to some new techniques. One phenomenon that is extremely beneficial and widely used in engineering and science is buckling. Buckling is nothing but a phenomenon of mathematical instability‚ which leads to a special failure mode. When a system in equilibrium is subjected to additional load‚ it buckles
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Running head: Types of Bankruptcy 7.1 Assignment Edward Lee Brown ITT Technical Institute 3 November 2012 Types of Bankruptcy Although bankruptcy is complicated and the exact steps can vary from state to state‚ each chapter of bankruptcy uses the same terminology and follows the same basic process. Two main parties are involved in bankruptcy filings -- the debtor and the creditor. The debtor is the party who has debt‚ or owes money‚ to the creditor. A debtor can be a company
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TYPE OF UNEMPLOYMENT There are four type of unemployment that are: 1. Frictional unemployment This type of unemployment is temporary. There are three main groups that belong in this type of unemployment. i. People who look for a job for the first time such as fresh graduate and school leaver. ii. Re-entrants or people who quit their job to rest but want to work again. For example‚ a house wife who quit her job to raise her children and rejoin the labour force again when the children are all
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