Definition Edit

A Cost Plus Percentage of Cost (CPPC) contract (sometimes referred to as a "cost plus" or "percentage of cost" contract) is:

[a] form of contract . . . that provide[s] for a fee or profit as a specified percentage of the contractor's actual cost of accomplishing the work to be performed.[1]

References Edit

  1. Defense Acquisition University, Glossary, at B-35 (13th ed. Nov. 2009) (full-text).

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