A Cost Plus Fee Construction Contract is a type of construction contract in which the contractor agrees to perform construction services in return for payment of all direct costs plus an agreed-upon fee. This type of contract is beneficial because it ensures that the project will be completed exactly as specified, without any cost surprises. The fee is determined ahead of time, so both parties know exactly what they’re getting into. It also allows contractors to focus on the quality of their work instead of worrying about budgetary concerns. With a Cost Plus Fee Contract, everyone wins: the client gets the exact project they want and the contractor gets paid what they deserve!