In a ____ or cost-plus-percentage of cost contract,the provider is reimbursed for all allowable costs and receives a percentage of the costs as a fee.
A) cost-plus-fee
B) cost-plus-fixed-fee
C) cost-plus-incentive-fee
D) cost-incentive-fee

Question

Quizplus · Accepted Answer

In a cost-plus-percentage of cost contract, the provider is reimbursed for all allowable costs and receives a percentage of the costs as a fee. This is the definition of a cost-plus-fee contract, which is represented by choice A.

In a ____ or Cost-Plus-Percentage of Cost Contract,the Provider Is