A type of contract where the buyer reimburses the seller for the seller's actual costs, plus a fee representing the seller's profit.
Cost-Reimbursable Contract
Definition of Cost-Reimbursable Contract
Last updated: July 21, 2022
Definition of Cost-Reimbursable Contract
A type of contract where the buyer reimburses the seller for the seller's actual costs, plus a fee representing the seller's profit.