Kennisconsult

 - cost plus contract
 - cost plus contract

A form of contract for construction work in which the construction contractor is reimbursed for the costs it incurs in performing the work plus a lump sum or percentage fee; hence, cost-plus. This type of contract is favored where the scope of the work is indeterminate or highly uncertain and the kinds of labor, material and equipment needed are also uncertain. Under this arrangement complete records of all time and materials spent by the contractor on the work must be maintained.
Source: Max Wideman.com
Copyright: Wideman Comparative Glossary of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March 2002.

• Ondersteunende systemen (support systems) >> Juridische zaken (legal affairs) >> Juridische Zaken, Algemeen (legal affaires, general)
• Randvoorwaarden (prerequisites) >> Financien (finance) >> Kosten en Kostprijs (costs and cost)
• Management (management) >> * - management >> Projectmanagement (project management) >> Geld (finances)