cost-plus contract(redirected from Cost Plus Contract)
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cost-plus contract[¦kȯst ′pləs ‚kän‚trakt]
A contract under which a contractor furnishes all material, construction equipment, and labor at actual cost, plus an agreed-upon fee for his services.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.