There is a newer version of the New Mexico Statutes
2006 New Mexico Statutes - Section 13-1-47 — Definition; cost reimbursement contract.
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.
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