Academic MBA Question:
Laybond constructions is bidding for a Road contract project for national Highway Authority of India for a stretch between Jaisalmer to Udaipur.
- Briefly explain what are the different type of pricing of contracts that can be considered between NHAI and Laybond constructions.
- NHAI decides to adopt for fixed price contract on per km basis, however is open for discussions within it to different possibilities. Which one should Laybond opt for keeping in view the possibilities of different type of uncertainties?