What is CONTRACTOR-OWNED, CONTRACTOR-OPERATED (CO-CO)?

A facility of production (like mixing plant for concrete) owned and controlled by a builder, and applied in completing a contract.

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Related Legal Terms
CONTRACTOR FRAUD, CONTRACTOR ACQUIRED PROPERTY, CONTRACTOR FURNISHED PROPERTY, REAL ESTATE OWNED (REO), CONTRACTOR’S ALL RISKS INSURANCE, WHOLLY OWNED SUBSIDIARY, GOVERNMENT-OPERATED NON-GOVERNMENTAL ORGANIZATION (GONGO), GENERAL CONTRACTOR, PRIME CONTRACTOR, FULL SERVICE CONTRACTOR


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