11 TermsHome > Terms > English, UK (UE) > Cost-plus-incentive-fee (CPIF) contract
Cost-plus-incentive-fee (CPIF) contract
A type of cost-reimbursable contract where the buyer reimburses the seller for the seller's allowable costs (allowable costs are defined by the contract), and the seller earns its profit if it meets defined performance criteria.
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- Part of Speech: noun
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- Industry/Domain: Business services
- Category: Project management
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