<P> A cost - reimbursement contract is appropriate when it is desirable to shift some risk of successful contract performance from the contractor to the buyer . It is most commonly used when the item purchased can not be explicitly defined , as in research and development , or in cases where there is not enough data to accurately estimate the final cost . </P>
<P> A cost - reimbursement contract is appropriate when it is desirable to shift some risk of successful contract performance from the contractor to the buyer . It is most commonly used when the item purchased can not be explicitly defined , as in research and development , or in cases where there is not enough data to accurately estimate the final cost . </P>
when should a cost plus contract be used
when should a cost plus contract be used
when it is desirable to shift some risk of successful contract performance from the contractor to the buyer
when it is desirable to shift some risk of successful contract performance from the contractor to the buyer