What is the meaning of cost-plus contract?

cost-plus contract is a construction contract in which the contract price is equal to the cost of construction plus a profit allowance to the builder, as opposed to a fixed price contract.

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APABarry Goldsmith. (2010). cost-plus contract. Retrieved September 28, 2026, from http://smartdefine.org/cost-plus_contract/definitions/1150950
ChicagoBarry Goldsmith. 2010. "cost-plus contract" http://smartdefine.org/cost-plus_contract/definitions/1150950 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, cost-plus contract, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/cost-plus_contract/definitions/1150950>.
MLABarry Goldsmith. "cost-plus contract" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/cost-plus_contract/definitions/1150950>
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