...provide for the payment of a profit to the contractor in addition to his costs. Cost-reimbursement contracts establish an estimate of total cost for the purpose of obligating funds and establishing a cost ceiling which the contractor may not exceed (except at his own expense) without prior approval...

...— Co*t-Reimburtement Contracts 16.301 General. 16.301-1 Description. Cost-reimbursement types of contracts provide for payment of allowable incurred...establish an estimate of total cost for the purpose of obligatiijp funds and establishing a ceiling that the contractor may not exceed (except at its own...

...adjusting the price after a specified initial period of deliveries or performance. Cost reimbursement contracts provide for payment of allowable incurred costs to the extent prescribed in the contract and establish a ceiling price above which a contractor may not exceed (except at her own risk) Cost...

...cost-reimbursement contract, the contractor is paid for 'allowable cost*' but is not paid for 'unallowable cost*.' These contracts establish an estimate of total cost for the purpose of obligating fund* and establishing a ceiling that the contractor may not exceed (except at it* own ri*k) without...

...management study was procured using a fixed-price contract. A cost-reimbursement contract provides for the payment of allowable incurred costs, to the extent prescribed in the contract. This contract type establishes an estimate of total cost for the purpose of obligating funds and establishing...

...considerable discussion in the economics literature. b. Cost Reimbursement Contracts Cost reimbursement contracts provide for payment of allowable incurred...extent prescribed in the contract. These contracts usually establish an estimate of total cost and a ceiling that the contractor may not exceed unless...

...fixed fee, and cost-plus incentive fee; and (4) labor hours/time and materials contracts. Cost-type contracts provide for payment of allowable incurred...total cost for the purpose of obligating funds and establish a ceiling that the contractor may not exceed (except at its own risk) without the approval...

...increase in investment to develop a manufacturing capability before critical 10 Cost-reimbursement contracts provide for payment of allowable incurred costs, to the extent prescribed in the contracts. They are suitable for use only when uncertainties involved in contract performance, such...

...discussed in this report.) Cost-reimbursement contracts provide for payment of allowable incurred costs as prescribed in the contract These contracts establish an estimate of total cost and set a ceiling that the contractor may not exceed, except at its own risk, without the approval...

...component for screening services at four of the five airports currently using private screeners.50 These contracts provide for payment of allowable incurred costs, to the extent prescribed in the contract (typically up to a specified cost ceiling). In addition, the government also agrees to award a separate...