This document is only available with a paid isurv subscription.
Cost reimbursable contracts, as the name implies, means you reimburse the contactor their ‘cost’. However, what do we mean by ‘cost’? Does it include:
cost of construction?
direct and indirect costs?
on-site and off-site costs?
overheads and profit?
The fundamental issue to understand with cost reimbursable contracts is that the employer does not pay the...