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Cost-Plus-Percentage-Of-Cost (CPPC) Contract
1 Definition
Type of contract that provides reimbursement of allowable cost of services performed plus an agreed-upon percentages of the estimated cost as profits. In cost type contracts, the performance risk is borne mostly by the buyer, not the seller.
defined
by
PCoE Oregon .Gov
Related terms
Cost-Plus-Fixed Fee (CPFF) Contract
Cost-Plus Pricing
Cost-Plus-Award Fee (CPAF) Contract
Cost-Plus-Incentive Fee (CPIF) Contract
Activity Based Costing (ABC)