In a fixed-fee contract, the contractor includes the costs of materials and labor plus his contractor's fees in his bid. The contractor does not receive a separate cost reimbursement. A cost-plus ...

Owners and contractors have two choices for the type of contract and agreement to use: fixed price or cost-plus. Both types of contracts have their advantages and disadvantages, but let's look ...

Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is awarded a $502,188,416 indefinite-delivery/indefinite-quantity, cost-plus-fixed fee, cost-plus ...

He said Congress needs to fund this lander contract with a fixed ... has used "cost-plus" contracts for large development programs. Such awards pay contractors their expenses, plus a fee.

NASA has traditionally used “cost-plus” contracts, where a contractor is reimbursed for its costs along with a fee. Near the end ... we have been moving to fixed-price where we can under ...

The Department of Defense said Monday the fixed-price-incentive, firm-fixed-price, cost-plus-fixed-fee and cost-only contract with a base value of $139.2 million was awarded on Dec. 20.