Cost plus Percentage of Cost Contract

A Cost plus Percentage of Cost Contract is one of the Reimbursable Contract types by which owner is to compensate a fee based on a percentage of the cost. Also, there is a Cost plus Percentage of the Construction Cost Contract.

Related Definitions in the Project: The Project Contract

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.