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Cost-Plus Contract
An agreement to pay a company for a job based on the amount of money used to buy the materials required to complete that job plus an added payment. A cost-plus contract fully reimburses a contractor for the cost of materials and then adds additional... More »

en.wikipedia.org/wiki/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 ...

www.investopedia.com/terms/c/cost-plus-contract.asp

A cost-plus contract is an agreement by a client to reimburse a construction company for building expenses stated in a contract plus a dollar amount of profit  ...

www.thebalance.com/all-about-cost-plus-contract-basics-plus-4-more-options-844913

Apr 27, 2017 ... A cost-plus contract refers to a contract when the contractor gets paid for all construction related expenses as previously agreed.

www.law.cornell.edu/cfr/text/48/16.306

(a)Description. A cost-plus-fixed-fee contract is a cost-reimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the ...

www.businessdictionary.com/definition/cost-plus-contract.html

Definition of cost plus contract: Contract under which a contractor is reimbursed for the costs incurred, and is paid an agreed upon percentage of such costs as ...

www.finweb.com/financial-planning/definition-of-a-cost-plus-contract.html

A cost-plus contract agrees to a fixed markup rate over the cost of raw materials for a vendor. The merchant, customer or retailer purchasing a set amount of ...

www.finweb.com/financial-planning/pros-and-cons-of-a-cost-plus-contract.html

A cost-plus contract is a type of contract that pays a contractor a certain amount for expenses as well as a predetermined amount on top of that for profit. Here are  ...

www.associationofconstructionanddevelopment.org/articles/view.php?article_id=10823

Dec 3, 2012 ... A cost plus contract means that the price of construction is the costs plus an additional fee, normally designated as profit. The fixed costs ...

buildingadvisor.com/project-management/bidding/cost-plus-bids

Short answer: It is customary to mark up employee labor costs in a cost-plus contract. However, the rate that is marked up should be his actual labor costs – not a ...