What Does CPIF Stand For?

CPIF stands for Cost Plus Incentive Fee

CPIF, or Cost Plus Incentive Fee, is a contractual arrangement commonly used in project management and government contracting. Under this model, the contractor is reimbursed for allowable costs incurred during the project execution, plus an additional incentive fee that is linked to achieving specific performance targets. This structure encourages efficiency and cost control while providing the contractor with motivation to complete the project within budget and on schedule.