Project management on a reimbursable, plus- fee contract

- Organization:
- The Southern African Institute of Mining and Metallurgy
- Pages:
- 7
- File Size:
- 579 KB
- Publication Date:
- Jan 1, 1982
Abstract
The paper sketches the. management of the various phases in a cost-reimbursable, plus-fee contract. which is claimed to be the most flexible of all contracts. In this type of contract, the contractor is reimbursed for all the direct costs Incurred, plus a percentage fee to cover his profit (or overheads and profit). The client usually reserves the right to approve all drawings, equipment purchases. contract awards, technical specifications. project cheques and change orders.
Citation
APA:
(1982) Project management on a reimbursable, plus- fee contractMLA: Project management on a reimbursable, plus- fee contract. The Southern African Institute of Mining and Metallurgy, 1982.