N.M. Stat. § 13-1-47

Current through 2024, ch. 69
Section 13-1-47 - Definition; cost reimbursement contract

"Cost reimbursement contract" means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

NMS § 13-1-47

Laws 1984, ch. 65, § 20.