You are working as project manager in ABC Ltd. Organization want to construct a new building as current building is falling short of space and you company has plans to increase its strength in coming years. You are currently negotiating with an contractor. Neither of you have good idea of how long the project will take, or how much the materials will cost. Which contract type is MOST appropriate for this project?

A)Time and Material

B)Cost Reimbursable

C)CPIF

D)Fixed Price