Definitions for cost-plus contract

This page provides all possible meanings and translations of the word cost-plus contract

Princeton's WordNet

  1. cost-plus contract(noun)

    a contract in which the contractor is paid his total cost plus a stated percentage of profit

Freebase

  1. 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. Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred expenses. Cost-plus contracts first came into use in the United States during the World Wars to encourage wartime production by large American companies.

Numerology

  1. Chaldean Numerology

    The numerical value of cost-plus contract in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of cost-plus contract in Pythagorean Numerology is: 3

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"cost-plus contract." Definitions.net. STANDS4 LLC, 2016. Web. 26 Jul 2016. <http://www.definitions.net/definition/cost-plus contract>.

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