A cost-plus contract is often used when long-term quality is a much higher concern than cost, such as in the United States space program.
Construction companies on cost-plus contracts may actually favor these fixtures for this reason, although their clients may not.
The B-2 radar was being developed under a "cost-plus" contract that essentially guaranteed a profit for Hughes no matter how high its costs.
Up to three cost-plus contracts were to be awarded nine months after the RfP was released.
During the war, the government subsidized wages through cost-plus contracts.
They are concerned about the use of agreements, known as cost-plus contracts, that pay for the costs incurred by contractors, with no limits.
The Administration is also moving away from cost-plus contracts, toward ones in which the costs are fixed.
Last December, the Air Force awarded $283 million in cost-plus contracts to two companies to do the maintenance work at the base.
We are going to be cutting costs, even on cost-plus contracts.
Could it be that cost-plus contracts, which lead to increased profit when costs rise, have something to do with their sudden interest in worker pay?