Military dictionary. 2000.
Cost-plus contract — A cost plus contract, also termed a Cost Reimbursement Contract, is a contract where a contractor is paid for all of its allowed expenses to a set limit plus additional payment to allow for a profit.[1] Cost reimbursement contracts contrast with… … Wikipedia
cost-plus — adjective determining payment based on the actual cost of production plus an agreed upon fee or rate of profit (Freq. 1) a cost plus government contract • Similar to: ↑indeterminate, ↑undetermined * * * cost plus, an arrangement or contract under … Useful english dictionary
Cost-plus-incentive fee — A CPIF Cost Plus Incentive Fee contract is a cost reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs.[1] Like a cost plus … Wikipedia
Cost-Plus-Incentive Fee — A cost plus incentive fee contract is a contract based on a Cost plus contract that includes an incentive fee which is awarded if the contractor completes the work under budget. The amount of the incentive fee can be fixed, or proportional to the … Wikipedia
cost-plus — adjective Date: 1918 1. paid on the basis of a fixed fee or a percentage added to actual cost < a cost plus contract > 2. of or relating to a cost plus contract … New Collegiate Dictionary
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
cost — n 1: the amount or equivalent paid or charged for something 2 pl: expenses incurred in litigation; esp: those given by the law or the court to the prevailing party against the losing party Merriam Webster’s Dictionary of Law. Merriam Webster.… … Law dictionary
Fee — For other uses see Fee (disambiguation) A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in Great Britain received a fee in contradistinction to a… … Wikipedia
Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… … Wikipedia
Interchange Plus — is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards. In Europe, the most common commercial contract… … Wikipedia
