Cost reimbursement
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Cost reimbursable contracts, as the name implies, means you reimburse the contactor their ‘cost’. However, what do we mean by ‘cost’? Does it include: cost of construction? direct and indirect costs? on-site and off-site costs? overheads and profit? The fundamental issue to understand with cost reimbursable contracts is that the employer does not pay the...Explore the subscription options here to get full access to isurv, including downloads.
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