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DocuSign Envelope ID: FB72666B02354A61968123BA502468FB 4EB23D040FA8470BA4D7463E9090543BContract No. 366IDP5271 PS No. 5285 THE STATE OF TEXASCOUNTY OF TRAVIS CONTRACT FOR ENGINEERING SERVICES Cost

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What is cost-plus contract agreement?

A cost-plus contract agreement is a type of contract where the buyer agrees to pay the seller the actual cost of the project plus a predetermined profit margin.

Who is required to file cost-plus contract agreement?

Both the buyer and seller are required to file a cost-plus contract agreement.

How to fill out cost-plus contract agreement?

To fill out a cost-plus contract agreement, both parties must agree on the cost of the project and the profit margin. The agreement should be signed by both parties.

What is the purpose of cost-plus contract agreement?

The purpose of a cost-plus contract agreement is to ensure that the seller is compensated fairly for the actual cost of the project and to provide a guaranteed profit margin.

What information must be reported on cost-plus contract agreement?

The cost of the project, the profit margin, the names of the buyer and seller, and the date of the agreement must be reported on a cost-plus contract agreement.

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