In the calculation of a progress payment for contract financing, which is true?
In the calculation of a progress payment for contract financing, which is true?
A. If a firm-fixed price, the contract price is the current contract price plus any un-priced modifications for which funds have been obligated.
B. The contracting officer will not make progress payments beyond the funds obligated under the contract.
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C. If the contract is redeterminable or subject to economic price price adjustment, the contract price is the initial price until modified.
D. All of the above
