contract price adjustment

  • 1contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …

    Law dictionary

  • 2price — I noun amount, appraisal, appraisement, charge, compensation, cost, disbursement, due, estimate, estimation, exaction, exchange value, expenditure, expense, fare, fee, figure, outlay, payment, premium, pretium, purchase money, quotation, rate,… …

    Law dictionary

  • 3Contract adjustment board — In government contracting, a Contract Adjustment Board is a department board at the Secretariat level which deals with disputes and requests for extraordinary relief under Public Law 85 804[1] of Aug. 28, 1958.[2] In brief: [3] Public Law No. 85… …

    Wikipedia

  • 4contract — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing …

    Universalium

  • 5Government contract — Contracting with the U.S. Government is based on many of the same principles as commercial contracting andcan be very profitable, but is sufficiently different from commercial contracting to require special care.Persons entering into commercial… …

    Wikipedia

  • 6incentive type contract — A contract that may be of either a fixed price or cost reimbursement nature, with a special provision for adjustment of the fixed price or fee. It provides for a tentative target price and a maximum price or maximum fee, with price or fee… …

    Military dictionary

  • 7fixed price incentive contract — A fixed price type of contract with provision for the adjustment of profit and price by a formula based on the relationship that final negotiated total cost bears to negotiated target cost as adjusted by approved changes …

    Military dictionary

  • 8marketing contract — The most vital instrumentality of a co operative association. Hiroshi Kaneko v Jones, 192 Or 523, 235 P2d 768. A contract between a co operative association and its members whereby the latter undertake to market their products exclusively through …

    Ballentine's law dictionary

  • 9CPA — Certified Public Accountant (Community » Media) Certified Public Accountant (Community » Educational) Certified Public Accountant (Business » Positions) Certified Public Accountant (Business » Accounting) *** Comprehensive Performance Assessment… …

    Abbreviations dictionary

  • 10Changes clause — A changes clause, in government contracting, is a required clause in government construction contracts. Contents 1 Background 2 Changes clauses for construction contracts in the Federal Acquisition Regulations 3 Purposes …

    Wikipedia