Costs incurred in excess of the contract[Output/Input]
A contract is a mutually binding agreement... More target costs on an incentive type contract[Output/Input]
A contract is a mutually binding agreement... More or of the estimated costs on a fixed fee contract[Output/Input]
A contract is a mutually binding agreement... More. An overrun is that value of costs needed to complete a projectA temporary endeavour undertaken to create a unique product,... More, over that value originally authorised by management.