Meanings of cost-plus contracts in English

They're still lamenting the demise of cost-plus contracts; they're still lamenting the demise of sole-source arrangements.

But capped cost-plus contracts are one of the most common deals out there between developers and general contractors.

The Company provides its services by using traditional general contracting arrangements, such as lump sum contracts and cost-plus contracts.

In good financial times, Aecon typically works under cost-plus contracts, which pay expenses to a set limit plus an additional payment to allow for profit.

There are indications that better times for the oil sands sector are starting to translate into tenders for work on a cost-plus contracts, he added.

Cost-plus contracts allow contractors to charge any overruns to the government, while fixed-price type contracts limit that liability.