TeachMeFinance.com - explain cost-type contract
cost-type contract 'cost-type contract' is an military term meaning '(DOD) A contract that provides for payment to the contractor of allowable cost, to the extent prescribed in the contract, incurred in performance of the contract'.
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.