Regardless of the actual cost of the project, in a cost-plus-fixed-fee contract, the negotiated fee remains fixed. If the scope of the contract changes, the fee may be adjusted.

Our last 200 flips have been with the same contractor, and we’ve found a cost-plus relationship provides the best path to success. With a cost-plus contract, ...

Cost plus fee contract: In this case, the contractor receives payment for all direct costs plus a fixed fee to cover profit and overhead. With this type of arrangement, the contractor wants to ...

Some Contractor Logistics Support (CLS) contracts are cost plus as they buy hours of support or performance. Fixed Price contracts, on-the-other-hand, are used to purchase things when the costs ...

So in this case, while NASA may not have necessarily wanted to give Boeing a cost-plus contract for SLS rockets for the next 15 years, it may have had little choice.

Cost-Plus Contract. A cost-plus contract covers labor, materials, and profit but does not include an amount for contingencies. Instead, additional charges are passed along to the homeowner.

The Internal Revenue Service tends to award cost-reimbursement contracts although some of the work is for routine maintenance, a report says. The Internal Revenue Service uses too many cost-plus ...

Vogler, 937 N.W.2d 190 (2020), the Supreme Court of Nebraska recently reached the same conclusion when it considered whether a particular contract was a cost-plus contract with a guaranteed ...

The Bush administration significantly increased the use of a contract structure that is risky to the government, according a new report by the Office of Management and Budget. Cost-reimbursement ...

Pentagon contracting officers failed to follow a key interim Federal Acquisition Regulation rule on managing cost-reimbursement contracts, risking overspending on 411 contracts worth $31.7 billion ...