Explanation of various types of fixed price

Fixed value contracts have a preset value that the merchant must cling to in playing out the work and in giving materials. There are various kinds of fixed value contracts. Clarify them. [Explanation of different kinds of fixed cost contracts] 2. Direct contracting is another acquirement strategy that is utilized under a set number of extraordinary conditions. Clarify the conditions for receiving direct contracting, necessities 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 an advisor are intended to accomplish the destinations of value, productivity, reasonableness and straightforwardness in the choice procedure and to empower rivalry. Talk about any 2 strategies for choosing specialists. [Explanation of any 2 of the techniques With Where it is suitable Type of assignments for which this strategy for determination is adopted] 5.The agreement introduction process initiates directly toward the starting phase of offer archive readiness welcoming contractual workers to offer, and continues through the agreement exchange, temporary worker choice, checking and controlling of the temporary worker's work and ending the agreement. Clarify the regions that need consideration for viable control of the agreements in a task [Core fitness of the undertaking administrator Requirements of the working framework Use of Work Breakdown Structure Recognizing the impediments with flexibility] 6. Clarify the need of Procurement law and what are its destinations? [Explain the need of Procurement law List the Objectives]