ii. the difficulty of determining the risks, to the contractor, that are inherent in the nature of the work to be performed; or iii. the difficulty to clearly determine other factors necessary to enter into an accurate firm fixed price contract; c. the administrative costs to the District and the contractor; d. the degree to which the District is required to provide technical coordination during performance of the contract; e. the impact that the choice of contract type may have upon the level of competition for award of the contract; f. the stability of material prices, commodity prices, and wage rates in the applicable market; g. the impact of the contract type on the level of urgency related to obtaining the procurement item; h. the impact of any applicable governmental regulation relating to the contract; and i. other criteria that the Procurement Officer determines may relate to determining the contract type that is in the best interest of the District. Subject to this policy and any rules made by the Procurement Policy Board, the District may use the following types of contracts: 1. a fixed price contract; 2. a fixed price contract with price adjustment; 3. a time and materials contract; 4. a labor hour contract;
5. a definite quantity contract; 6. an indefinite quantity contract; 7. a requirements contract;
8. a contract based on a rate table in accordance with industry standards; or 9. a contract that includes one of the following construction delivery methods: a. design-build; b. design-bid-build; or c. construction manager/general contractor. Except as it applies to a change order, the District may not enter into a cost-plus-percentage-of- cost contract, unless: 1. use of a cost-plus-percentage-of-cost contract is approved by the Procurement Officer; 2. it is standard practice in the industry to obtain the procurement item through that type of contract; and
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