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What (who) is fixed-price-incentive-fee contract - definition
Cost plus contract; Cost contract; Cost Plus Fixed Fee; Cost-plus; Cost Plus Award Fee
Fixed-price contract
TYPE OF CONTRACT WHERE THE PAYMENT AMOUNT DOES NOT DEPEND ON RESOURCES USED OR TIME EXPENDED
Firm fixed-price, Firm fixed-price contract; Fixed price contract
A fixed-price contract is a type of contract such that the payment amount does not depend on resources used or time expended by the contractor. This is opposed to a cost-plus contract, which is intended to cover the costs incurred by the contractor plus an additional amount for profit.
Cost-plus-incentive fee
A cost-plus-incentive fee (CPIF) contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs."Subpart 16.
Performance fee
A TYPE OF FEE FOR MANAGING AN INVESTMENT
Incentive fee
A performance fee is a fee that a client account or an investment fund may be charged by the investment manager that manages its assets. A performance fee may be calculated many ways.
Wikipedia
Cost-plus contract
A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for a profit. Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred expenses.
