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Four Types of Pricing for Contracts

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How should we determine the pricing for the following types of contracts:

1. Professional
2. Technical
3. Operating
4. 3rd Party

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https://brainmass.com/economics/contracts/four-types-pricing-contracts-179153

Solution Preview

How should we determine the pricing for the following types of contracts:
1. Professional
2. Technical
3. Operating
4. 3rd Party

The professional contract is for services provided by professionals that are qualified. The pricing depends on the number of hours/days the professionals have to put in, for example. The pricing of a contract for nursing services depends on the current per hour rate in the market, and the rate being charged by competitors.

The contract for technical services ...

Solution Summary

This solution gives you contract pricing for four types of contracts. Each of the four types is described in some detail.

$2.19