Cost Plus Contracting is an agreement between a contracting company and the customer whereby the contractor agrees to provide materials, services, and labor at cost (or lower) plus an agreed-upon fee for the customer’s convenience. This agreement is typically used by government agencies or businesses who need to source supplies rapidly in order to complete major projects on time and within budget. The fees associated with this type of contract are typically non-negotiable and are paid directly by the customer upon completion of the project. This type of contract offers customers peace of mind as they know that their contractor is not inflating prices or seeking to make an unreasonable profit.