I would like a definition from your institution's financial policies and
procedures manual for a "fixed-price" agreement and a "cost-reimbursable"
agreement.   We do not have a specific definition for cost-reimburable
agreement and our fixed-price definition leaves some room for multiple
interpretations.  We would like to clarify and tighten up our definition
and would like examples of how other schools have defined these.  Thanks.

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Martha M. Taylor,   Director               (334) 844-4438
Contracts and Grants Administration         FAX (334) 844-5953
307 Samford Hall
Auburn University,  AL  36849-5131
xxxxxx@mail.auburn.edu