Most cost-plus construction contracts define what costs are allowable under the cost-plus contract. But allowable costs and actual costs under a cost-plus contract are not the same. Most cost-plus contracts are limited to actual costs.

Most cost-plus construction contracts define what costs are allowable under the cost-plus contract. But allowable costs and actual costs under a cost-plus contract are not the same. Most cost-plus contracts are limited to actual costs.
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