Rico Paving Contractors enters into a contract with Valley Supply for the purchase of 100 bags of cement per week for the next 16 weeks, at a price of $15 per bag. The contract also includes a condition that allows prices to be revised if costs go up more than $1 per bag. This purchase involves
A. cost reimbursement contracting.
B. an indefinite delivery contract.
C. a good faith purchase.
D. negotiated contract buying.
E. price allocation purchasing.
Answer: D
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