Cost plus incentive fee contract
From PEaM
The Cost plus incentive fee contract (CPIF) is a type of cost-reimbursable contract where the buyer reimburses the seller for the seller's allowable costs (allowable costs are defined by the contract), and the seller earns its profit if it meets defined performance criteria.[1]
See also
- Cost plus fixed fee contract (CPFF)
- Cost plus incentive fee contract (CPIF)
- Cost reimbursable contract
- Firm fixed price contract {FFP}
- Fixed price incentive fee contract (FPIF)
- Time and material contract (T&M)
References
- ↑ Project Management Institute (2008). A Guide to The Project Management Body of Knowledge, 4th, Project Management Institute.
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