A Type of Cost plus Fee Contract can be defined as: Cost plus Fixed Fee (CPFF); Cost plus Incentive Fee (CPIF); Cost plus Award Fee (CPAF); Cost plus Percentage of Cost; Cost Plus with Guaranteed Maximum Price (GMP); Cost Plus with Guaranteed Maximum Price and Incentive; and Cost plus Fixed Fee with agreement for sharing any cost savings contract.
Related Definitions in the Project: The Project Management; Project Contract
