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Cost Reimbursement.
Cost reimbursement
A type of cost reimbursement contract that assigns minimal responsibility for costs and for which a fixed fee is negotiated. The fee provides an incentive for a subcontractor to contract for efforts that might otherwise pose too great a risk to it to assume.
list the characteristics of a simple contract
In cost-reimbursement contracts, builders were paid for justifiable costs incurred during the project, while fixed-price contracts required builders to absorb any cost overruns themselves.
Cost shifting is the process of moved between products and/or payers, to maximize possible reimbursement.
Yes because is if you buy a contract it is going to cost more. And if you don't have a contract it will cost more.
A contractor may even try to double-count a cost item by including it as a direct cost of the contract and as a part of an indirect cost pool allocated to the contract.
Although cost of gas varies constantly the feds are now allowing 45 cents per mile for deductions & is a standard reimbursement. Doctor Jon
The Incident Command System (ICS) is a tool used to improve emergency response. The major activities of the Finance and Administration section are contract negotiation and monitoring, timekeeping, cost analysis, compensation for damage to property or injury, and documentation for reimbursement.
TT reimbursement
$450 without a contract $100 with a contract