cost sharing contract


Also found in: Acronyms.

cost sharing contract

A cost-reimbursement type contract under which the contractor receives no fee but is reimbursed only for an agreed portion of its allowable costs.
References in periodicals archive ?
Ultralife received a cost sharing contract from the U.
a wholly owned US subsidiary company of NGP, has been awarded a US Department of Energy (DOE) cost sharing contract signed on October 13, 2004 whereby DOE will fund 80% of an initial field evaluation program at the Pumpernickel Project.