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2. Cost-plus contract - Wikipedia

   en.wikipedia.org/wiki/Cost-plus_contract

   For some contracts, the award fee is determined subjectively by an awards fee board whereas for others the fee is based upon objective performance metrics. Cost plus percentage of cost contracts pay a fee that increases as the contractor's cost increases. Because this contract type provides a disincentive for the contractor to control costs it ...

3. Cost-plus-incentive fee - Wikipedia

   en.wikipedia.org/wiki/Cost-plus-incentive_fee

   The Final Price of the contract is expressed as follows: Final Price = Actual Cost + Final Fee. Note that if Contractor Share = 1, the contract is a Fixed Price Contract; if Contractor Share = 0, the contract is a cost plus fixed fee (CPFF) contract. [4] For example, assume a CPIF with: Target Cost = 1,000; Target Fee = 100; Benefit/Cost ...

4. LOGCAP - Wikipedia

   en.wikipedia.org/wiki/LOGCAP

   The current task order contract concept of LOGCAP began in August 1992 when USACE awarded the first contract (LOGCAP I) to Brown and Root Services (now KBR) in August 1992 as a cost-plus-award-fee contract, which was used in December that year to support the United Nations forces in Somalia.

5. Construction contract - Wikipedia

   en.wikipedia.org/wiki/Construction_contract

   In cost plus percentage, the owner pays greater than 100 percent of the documented cost, usually requiring detailed expense accounting. [15] In this type of contract, contractor is paid the actual cost of work plus certain percentage as profit. Various contract documents, drawing, specifications are not necessary at the time of signing the ...

6. Fixed-price contract - Wikipedia

   en.wikipedia.org/wiki/Fixed-price_contract

   This contract type may be contrasted with a cost-plus contract, which is intended to cover the costs incurred by the contractor plus an additional amount for profit, and with time-and-materials contracts and labor-hour contracts. [1] Fixed-price contracts are one of the main options available when contracting for supplies to governments.

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