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Cost Reimbursement Contract Definition and Explanation PDF | Download eBooks

Learn Cost Reimbursement Contract definition in project management with explanation to study “What is Cost-Reimbursement Contract”. Study cost reimbursement contract explanation with project management terms to review project management course for online MBA programs.

Cost Reimbursement Contract Definition:

  • A type of contract involving payment to the seller for the seller's actual costs, plus a fee typically representing the seller's profit is called cost-reimbursement contract.

    A Guide to the Project Management Body of Knowledge by Project Management Institute



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