cost-plus

[kawst-pluhs, kost-]
adjective
1.
paid or providing for payment based on the cost of production plus an agreed-upon fee or rate of profit, as certain government contracts.
2.
of or pertaining to a cost-plus arrangement or contract.

Origin:
1915–20

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
cost-plus
 
n
a.  a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit
 b.  (as modifier): cost-plus pricing

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
In fact, the high cost is a direct result of the government's cost-plus
  procurement approach.
Cost-plus was the original model and channeled excess funding into extra
  hospitals, machineries and inefficient mergers.
It'd only make sense to over-estimate and then come in under if it was a
  cost-plus contract to begin with.
The only real question is whether those contracts are cost-plus with endless
  cost overruns, or whether they'll be fixed price.
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