GovCon Acronym Decoder
Government contracting runs on shorthand. Search any acronym and get a plain-English definition, when you will run into it, whether you need one, and where it comes from.
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1 of 172 terms matching "CPAF"
Cost Plus Award Fee
Cost reimbursement where part of the fee is earned based on subjective performance evaluations.
When you see it
On long-running service programs with award fee boards.
Do you need it
Requires strong performance reporting discipline.
Where it comes from
FAR 16.305.
Cost Plus Award Fee
Cost reimbursement where part of the fee is earned based on subjective performance evaluations.
When you see it
On long-running service programs with award fee boards.
Do you need it
Requires strong performance reporting discipline.
Where it comes from
FAR 16.305.
Knowing the words is step one
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