Commercial General Construction Services in Oklahoma, Arkansas, Missouri, Kansas, Colorado, New Mexico and Texas
A C Owen Commercial General Contractor
serving Oklahoma
and surrounding states
Customer Service
405.285.9333

Cost-Plus Negotiated Fee

AC OwenUnder a cost-plus negotiated fee contract, we will bill you for our costs, including both direct and indirect costs, plus a fixed negotiated fee.

Terminology:

Cost-Plus Negotiated Fee: reimburses costs and pays the contractor a fee that is negotiated prior to signing the contract.
Fixed-Fee: the contractor includes the costs of materials and labor plus his contractor's fees in his bid. The contractor does not receive a separate cost reimbursement.
Cost-Plus Incentive Fee: a cost-reimbursement contract that encourages the contractor to bring in the project under budget.