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modalidad de coste y costas

English translation: cost-plus system

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	modalidad de coste y costas
English translation:	cost-plus system
Entered by:	Maria Teresa Navarro

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18:03 Dec 14, 2011

Spanish to English translations [PRO]
Law/Patents - Finance (general)

Spanish term or phrase: modalidad de coste y costas

Entiendo que esta modalidad debe ser una "set phrase" en inglés, pero no consigo encontrarla. Les doy el contexto:

"La Obra se contrata bajo la modalidad de coste y costas, existiendo un compromiso de pago de parte de la Contratante por los costos efectivamente incurridos por la Contratada, con precio limite, en las sumas descriptas más abajo."

Gracias de antemano colegas!

Maria Teresa Navarro KudoZ activity Questions: 70 (none open) (8 closed without grading) Answers: 145
Local time: 23:15

cost-plus system

Explanation:
Coste y costas: esta modalidad se caracteriza por la indeterminación del monto del contrato, puesto que el contratista se obliga a ejecutar los trabajos contra el reintegro de los costos más un plus por el concepto de gastos generales y beneficio.

A cost-plus contract, also termed a Cost Reimbursement Contract, is a contract where a contractor is paid for all of its allowed expenses to a set limit plus additional payment to allow for a profit.[1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount regardless of incurred expenses. Cost-plus contracts first came into use in the United States during the World Wars to encourage wartime production by large American companies. (Wikipedia)

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Note added at 17 hrs (2011-12-15 11:48:15 GMT)
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María: entonces la variante podría ser :

Cost Plus Fixed Fee (CPFF) contracts pay a pre-determined fee that was agreed upon at the time of contract formation.

Selected response from:

patinba
Argentina
Local time: 23:15

Grading comment

Thanks Patinba! The Client actually preferred "cost reimbursement plus margin contract".
4 KudoZ points were awarded for this answer

Summary of answers provided

cost-plus system

patinba

cost-plus method

Walter Blass

3 +1

under the system of costs and fees

CERES Trad

3 +1

form of costs and expenses

Joshua Crawford

Discussion entries: 3

Answers

13 mins confidence:

peer agreement (net): +1

form of costs and expenses

Explanation:
En vez de "set phrase" es mejor decir "form" en este caso.

Example sentence(s):

The work is contracted in the form of costs and expenses...

Joshua Crawford
Local time: 21:15
Native speaker of:

English

Notes to answerer

Asker: Joshua, I used "set phrase" instead of "collocation". I meant that I supposed that "coste y costas" was a collocation = set phrase. I´m sorry if I was not clear.

1 hr confidence:

peer agreement (net): +1

under the system of costs and fees

Explanation:
Just an idea based on the Spanish definition of the link below. Hope it helps. Good luck!

Reference: http://notas.arquitectosve.com.ar/sistemas-de-contratacion-d...

CERES Trad
Argentina
Local time: 23:15
Works in field
Native speaker of:

Spanish
PRO pts in category: 4

3 hrs confidence:

cost-plus method

Explanation:
pricing on the cost plus fee basis

Walter Blass
Argentina
Local time: 23:15
Native speaker of:

German,

Spanish

3 hrs confidence:

cost-plus system

patinba
Argentina
Local time: 23:15
Specializes in field
Native speaker of:

English
PRO pts in category: 564

Grading comment

Thanks Patinba! The Client actually preferred "cost reimbursement plus margin contract".

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Changes made by editors

Dec 15, 2011 - Changes made by Sandra Cifuentes Dowling:
Language pair	English to Spanish => Spanish to English
Dec 14, 2011 - Changes made by Andy Watkinson:
Language pair	Spanish to English => English to Spanish

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modalidad de coste y costas

English translation: cost-plus system

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English translation: cost-plus system

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