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What is the type of contract that reimburses the seller for all legitimate costs and pays a fixed fee based on the target cost?
Other
Cost Plus Incentive Fee
Cost Plus Award Fee
Fixed Price Incentive Fee
Time and Materials
Cost Plus Fixed Fee
Cost Plus Fixed Fee (CPFF) is the type of contract that reimburses the seller for all legitimate costs and pays a fixed fee based on the target cost. The fee is usually expressed as a percentage of the target costs.
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