A Cost-Plus Fixed Fee Contract is a type of contract between a customer and a contractor which guarantees the customer reimbursement for the cost of materials and labor, plus an additional fixed fee for services provided. This ensures that a customer’s costs are covered no matter what, as well as providing an incentive for the contractor to be efficient and economical with resources. This type of contract offers stability, predictability, and transparency, allowing both parties to move forward secure in their agreement.