§ 1108.130. Cost-type contract.
52 words·~1 min read·
/us/cfr/t2/s§ 1108.130·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Cost-type contract means a procurement transaction awarded by a recipient or a subrecipient at any tier under a DoD Component's grant or cooperative agreement that provides for the contractor to be paid on the basis of the actual, allowable costs it incurs (plus any fee or profit for which the contract provides).