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.
Popular 'Agreements & Contracts' Terms
cost plus incentive fee (CPIF) contract in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/cost-plus-incentive-fee-CPIF-contract.html
