Home page               Download material                Accounting topics                Accounting dictionary                Financial calculators

Home Accounting Dictionary Letter C Cost Plus Contract Definition
 
 

A   B   C   D   E   F   G   H   I   J   K     M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

 

Cost Plus Contract Definition:

In certain contracts the Contractee agrees to pay to the contractor the cost price (usually prime cost) of the work done on the contract plus an agreed percentage thereof by way of overhead expenses and profit. Such contracts are known as cost plus contracts.

New Page 1

A D V E R T I S E M E N T

 

 

 

 

 

 

Home                         Download material                         Contact us                         Privacy policy                         Link to us                         Advertise

Copyright 2011