CIPS L4M3 Question Answer
Infra Constructions receive a contract for construction of a building, and following terms were agreed upon. "The entire cost of the project will be reimbursed to Infra Constructions (estimated cost of the project being $ 25 million). The profits will be 20% of the entire cost of a project subject to a max of $ 5 million." This arrangement is an example of...?
CIPS L4M3 Summary
- Vendor: CIPS
- Product: L4M3
- Update on: Jul 30, 2025
- Questions: 196