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Q: What are the advantages and disadvantages of sky high profit margins?
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What are the Disadvantages of a construction Fixed-Price Contract?

The disadvantage of a fixed price contract is work can be incomplete or sloppy if they fall behind. When a vendor is working on a fixed price contract, they do their best to keep their cost down. The more they save themselves, the more they profit. In efforts to keep their profit margins high, they could reduce the quality of their work.


What are the Disadvantages of a construction Fixed Price Contract?

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