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Definition of Cost-plus contract
1. Noun. A contract in which the contractor is paid his total cost plus a stated percentage of profit.
Lexicographical Neighbors of Cost-plus Contract
Literary usage of Cost-plus contract
Below you will find example usage of this term as found in modern and/or classical literature:
1. Government War Contracts by John Franklin Crowell (1920)
"... we have seen, found it advisable to resort to the use of the cost-plus contract,
in meeting extraordinary conditions, in the course of the war. ..."
2. The Law of Contracts by Samuel Williston, Clarence Martin Lewis (1922)
"Cost Plus Contract FORM USED BY UNITED STATES GOVERNMENT DURING WAR FOR WAR
CONSTRUCTION Contract made and concluded this day of , 1921, by and between ..."
3. OECD Economics Glossary: English-French = Glossaire de L'économie de L'OCDE by Oecd, SourceOECD (Online service) (2006)
"... majorés [GES] cost-plus contract syn. cost reimbursable contract, cost
reimbursement contract, cost-sharing contract 1. m arch é sur dépenses contrôlées ..."
4. Demobilization: Our Industrial and Military Demobilization After the by Benedict Crowell, Robert Forrest Wilson (1921)
"A contract of this sort was known as a cost-plus contract. ... The cost-plus
contract was not entirely unknown to American business before the war, ..."
5. Preliminary Economic Studies of the War by Division of Economics and History (1920)
"Fortunately the defects in the cost-plus contract were realized before harm had
been done and, as a result, no purchase plan would now be considered which ..."
6. Annual Report of the American Bar Association: Including Proceedings of the by American Bar Association (1918)
"Among the limitations on the use of this fund is one which prohibits the
cost-plus-contract, unless the contract fixes the reasonable cost, and provides ..."
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