Explanation of various types of fixed price

Fixed value contracts have a preset value that the merchant must hold fast to in playing out the work and in giving materials. There are various sorts of fixed value contracts. Clarify them. [Explanation of different kinds of fixed cost contracts] 2. Direct contracting is another obtainment strategy that is utilized under a predetermined number of outstanding conditions. Clarify the conditions for receiving direct contracting, prerequisites and steps for direct contracting Conditions for embracing direct contracting Requirements for direct contracting and Steps for direct contracting] 3.Write short notes on Cost Plus Fee Contracts. [Explanation of Cost Plus Fee Contracts Features Conditions for receiving Advantages and disadvantages] 4. The techniques for choosing a specialist are intended to accomplish the targets of value, proficiency, decency and straightforwardness in the choice procedure and to empower rivalry. Examine any 2 techniques for choosing advisors. [Explanation of any 2 of the techniques With Where it is fitting Type of assignments for which this strategy for choice is adopted] 5.The agreement introduction process initiates directly toward the starting phase of offer record planning welcoming temporary workers to offer, and continues through the agreement exchange, contractual worker determination, checking and controlling of the contractual worker's work and ending the agreement. Clarify the zones that need consideration for compelling control of the agreements in a venture [Core fitness of the undertaking chief Requirements of the working framework Use of Work Breakdown Structure Recognizing the confinements with flexibility] 6. Clarify the need of Procurement law and what are its targets? [Explain the need of Procurement law List the Objectives]