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[Music] cost reimbursement contracts so the concept here is the contractor is paid for expenses incurred working toward the scope of work up to whatever the agreed-upon total estimated cost is in this case the final the financial risk is on the sponsor not the performer or not the seller as the as a corporate sponsor would look at you the this is the appropriate method of contracting when there are uncertainties in contract performance for example it is common in the sponsored research arena universities performing sponsored research to not be able to guarantee that you will be able to achieve particular results you can certainly work towards meeting performing certain experiments doings doing the work but you cant guarantee what the results will will be because its research its uncertain the whole point of the exercise is to find out can we prove out our hypothesis the commercial sector often is looking for guarantees of its success we all know that thats not something we can gua