cost-plus

How To Use cost-plus In A Sentence

• The government would fund the railways on a cost-plus basis for four years while the company got to grips with its costs and management structure.
• The contract was found to be a cost-plus contract with a $65,000 ‘estimate’ and a fixed contractor's fee of $5,000.
• In the lecture he also examined the notions of cost and cost accounting in relation to the pricing of cost-plus contracts during the second World War.
• The price range between the lower cost-plus price and the higher value-based price signifies the additional profits available to a manufacturer that charges a value-based price for its product.
• A cost-plus contract provides that the owner will reimburse the contractor for all construction costs and pay a fee for his services.
• By limiting the number of projects for which it will compete, it will work only on a cost-plus basis where its risk is limited to its fee.
• The British and American governments gave serious attention to cost determination, pricing and the use of cost-plus pricing to guarantee the required production quantities.
• In 1940, Congress authorized cost-plus contracts and advance payments.
• The popularity of single-use products, however, mushroomed dramatically when their use was skewed by a reimbursement system that permitted all single-use items to be charged to the patient on a cost-plus basis.
• Selling solutions creates opportunities for value-based rather than cost-plus pricing.