bn:00023001n
Noun Concept
Categories: Business terms, Procurement practices, Pricing, Contract law
EN
cost-plus contract
EN
A contract in which the contractor is paid his total cost plus a stated percentage of profit WordNet 3.0
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EN
A contract in which the contractor is paid his total cost plus a stated percentage of profit WordNet 3.0 & Open English WordNet
A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for a profit. Wikipedia
WordNet 3.0 & Open English WordNet
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