Under which type of contract is pricing obtained when the scope of work has not yet been completed?

The correct choice is based on the understanding of how pricing is established under different types of contracts. In a Unit Price contract, the project is divided into distinct measurable units, and the contractor is paid based on the number of units completed.

This type of contract is particularly advantageous in situations where the full scope of work may not be clearly defined at the outset, allowing for flexibility in pricing as the project progresses. As work is completed and units are measured, costs can be calculated based on predetermined rates for each unit, which accommodates changes or uncertainties in the project.

While certain other contract types, like Cost Plus Fee, also allow for some flexibility, they operate differently. In Cost Plus Fee arrangements, the contractor is reimbursed for their actual costs plus a fee, but these deals typically rely on defined scopes of work, which may lead to different financial implications. Therefore, the Unit Price contract is more directly related to the situation where the scope of work is not fully completed at the time of pricing.