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cost contract

A contract between a health care provider and the Health Care Financing Administration. The provider agrees to provide services to people covered under the plan at a reasonable cost.

Related information about cost contract:
  1. Cost contract - Wikipedia, the free encyclopedia
    In cost-reimbursement contracts, contractor risk is minimal and Government risk is high. The Government has no guarantee it will get the specified product or ...
     
  2. cost contract - The Free Dictionary
    A contract that provides for payment to the contractor of allowable costs, to the extent prescribed in the contract, incurred in performance of the contract. 2.
     
  3. Subpart 16.3—Cost-Reimbursement Contracts
    A cost contract is a cost-reimbursement contract in which the contractor receives no ... A cost contract may be appropriate for research and development work, ...
     
  4. Route Contract: Net Cost
    Under a net-cost contract the operator provides a specified service for a specified period and retains all revenue. The authority pays a subsidy to the operator if ...
     
  5. What is no cost contract? definition and meaning
    Definition of no cost contract: That has no monetary consideration but pays back ' in kind.' Used mainly to avoid duplication of effort, it may be entered between a ...
     
  6. The Basics of Cost-Reimbursement Contracts | Onvia
    As with a cost contract, the contractor receives no additional fee. A contractor should enter into a cost-sharing contract only if the work will benefit the company in ...
     
  7. Contract Types [ACQuipedia]
    Under no circumstances is a cost-plus-percentage-of-cost contract type permitted , as this provides little incentive for the contractor to control contract costs.
     
  8. The Lilac Book: Form of Contract, Target Cost Contract - Google Books
    The intention of a target cost contract is to encourage both parties in the contract to work together, finding ways of carrying out the work as efficiently as possible ...