cost reimbursement definition

cost reimbursement

Contract pricing method under which allowable and reasonable costs incurred by a contractor in the performance of a contract are reimbursed in accordance with the terms of the contract.

cost reimbursement is in the Accounting & Auditing and Agreements & Contracts subjects.

cost reimbursement appears in the definitions of the following terms: limitation of funds clause, limitation of cost clause and pricing arrangement

cost reimbursement appears in the other term: cost reimbursement contract

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