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Financing costs were also reduced, and the cost-plus contract of the general contractor eliminated.
en.wikipedia.org Under the cost-plus contract, payments include a share of fee distributions based partly on performance and reimbursement for employee salaries and home office expenses supporting employees on the job.
en.wikipedia.org Like a cost-plus contract, the price paid by the buyer to the seller changes in relation to costs, in order to reduce the risks assumed by the contractor (seller).
en.wikipedia.org Too many of the contractors were reaping excess profits from cost-plus contracts, without being held accountable for the poor quality of goods delivered.
en.wikipedia.org Note that cost-plus business models are very vulnerable to disruption -- it's the equivalent of having a one-trick pony in the race.
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