Using Cost Plus Fixed Fee on your A&E Contract and Escalation Rates
The cost-plus fixed fee is a payment method whereby the consultant is compensated for their services on actual cost plus a negotiated fixed fee amount. Contracting agencies can maintain eligibility for federal-aid reimbursement by ensuring costs incurred or cost estimates from contract negotiation are allowable per the cost principles in 48 CFR part 31. When … Read more Using Cost Plus Fixed Fee on your A&E Contract and Escalation Rates