cost plus incentive fee (CPIF) contract
Definition
Cost plus contract in which a contractor is offered a negotiated incentive fee which is tied to the amount by which the actual total cost is less than the contracted total cost.
cost plus incentive fee (CPIF) contract is in the Agreements & Contracts and Purchasing & Procurement subjects.
cost plus incentive fee (CPIF) contract appears in the definition of the following term: fee
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