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.

Use this term in a sentence



http://www.businessdictionary.com/definition/cost-plus-incentive-fee-CPIF-contract.html

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