13-1-47. Definition; cost reimbursement contract.
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/nm/chapter-13-public-purchases-and-property/article-1-procurement/13-1-47·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
"Cost reimbursement contract" means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.
History: Laws 1984, ch. 65, § 20.