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Cost-type Contract Definition - MilitaryDictionary.org
cost-type contract
Term Source:
JP 4-10
(Operational Contract Support)
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1.) A contract that provides for payment to the contractor of allowable cost, to the extent prescribed in the contract, incurred in performance of the contract.
In the United States, military vocabulary is standardized by the Department of Defence. These terms are used by the United States Army, Navy, Air Force, and Marine Corps.
Term Classification: logistics
Source:
Department of Defence, Dictionary of Military and Associated Terms
Term sourced from JP 4-10: Operational Contract Support, updated July 2014
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This term is marked as active and was last updated in 2015
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