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Cost reimbursement contract - How To Discuss

Author

Elijah King

Updated on May 13, 2026

Cost reimbursement contract,

Definition of Cost reimbursement contract:

  1. Contract under which allowable and reasonable costs incurred by a contractor in the performance of a contract are reimbursed in accordance with the terms of the contract.

Meaning of Cost reimbursement contract & Cost reimbursement contract Definition