A Contractor Cost Plus Contract is a type of contract in which a contractor agrees to provide goods or services at their own cost. The customer pays the contractor an agreed-upon set fee plus any additional costs incurred throughout the course of the project. This type of contract offers customers greater financial freedom and flexibility, as they can adjust their budget to accommodate any unforeseen changes or expenses that may arise without having to renegotiate the original agreement. It also provides contractors with more direct control over their costs, allowing them to make informed decisions while avoiding financial surprises along the way.