Cost Plus Contracts synonyms, Cost Plus Contracts antonyms - FreeThesaurus.com
cost-plus contract (redirected from Cost Plus Contracts)
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Words related to cost-plus contract
a contract in which the contractor is paid his total cost plus a stated percentage of profit
References in periodicals archive
The new cost plus contract
for commercial use combines the two forms of cost plus commonly used, i.
The year-over-year increase in gross profit was primarily due to a higher percentage of overall revenues attributable to higher-margin technology products,an increase in government services margins due to the rate increase on the Company's cost plus contracts
, partially offset by increased use of subcontractors in supporting the Government service revenues.
The Company is seeking a greater percentage of its business from cost plus contracts
rather than fixed price contracts to avoid the issues of cost overruns.