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cost-plus

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cost-plus (kôstpls)
n.
The cost of production plus a fixed rate of profit.

cost-plus adj.
ThesaurusLegend:  Synonyms Related Words Antonyms
Adj.1.cost-plus - determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit; "a cost-plus government contract"
indeterminate, undetermined - not precisely determined or established; not fixed or known in advance; "of indeterminate age"; "a zillion is a large indeterminate number"; "an indeterminate point of law"; "the influence of environment is indeterminate"; "an indeterminate future"


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Cost-plus contracts allow the government and contractor to share risk by giving the government the option to continue funding a weapon program above a contractor's initial estimate.
 
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