A cost-plus fixed fee contract is a specific type of contract wherein the contractor is paid for the normal expenses for a project, plus an additional fixed fee for their services. These allow the contractor to collect a profit on the project, and they encourage economic production in various industries. - See more at: http://www.legalmatch.com/law-library/article/cost-plus-fixed-fee-contracts.html#sthash.OQig6d3q.dpuf