CPIF Contract

Cost-Plus-Incentive Fee Contract

Type of contract in which the buyer reimburses the contractor for the contractor's allowable costs (as defined by the contract) and the seller earns its earns fee (profit) if it meets defined performance or cost criteria. Specifies a target cost, target fee, minimum fee, maximum fee, and fee adjustment formula.


CPIF Contract

Cost-Plus-Incentive Fee Contract

Type of contract in which the buyer reimburses the contractor for the contractor's allowable costs (as defined by the contract) and the seller earns its earns fee (profit) if it meets defined performance or cost criteria. Specifies a target cost, target fee, minimum fee, maximum fee, and fee adjustment formula.

Used in methodology