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 ...

The principle behind a cost-plus contract is simple. Occasionally, the US government needs something exceptionally difficult, complex, and unprecedented to be built. In those cases, with technical ...

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 ...

(16.401) Incentives can be combined with fixed-price and cost-reimbursement contracts. A delivery-order contract is a contract for supplies that does not specify a firm quantity (other than a ...

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.