Allowable Costs

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August 31, 2024 4 min read Definitions

Allowable Costs: Reimbursable Under CPFF Contracts

Finance Accounting CPFF Contract Reimbursable Expenses Allowable Costs Government Contracts Contract Compliance

Allowable costs are expenses that are reimbursable under a Cost Plus Fixed Fee (CPFF) contract. They must meet the criteria of being reasonable, allocable, and compliant with the terms of the agreement.

August 31, 2024 3 min read Definitions

Cost-Plus-Fixed-Fee Contract: An Agreement with Reimbursed Costs and Fixed Fee

Economics Finance Management Contract Cost-Plus Fixed Fee Reimbursement Allowable Costs

A comprehensive definition and exploration of cost-plus-fixed-fee contracts, where contractors are reimbursed for allowable costs and paid a predetermined fixed fee.