GroundRules
48 CFR 16.205-1: 16.205-1 Description.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES
- PART 16—TYPES OF CONTRACTS
- Subpart 16.2—Fixed-Price Contracts
A fixed-price contract with prospective price redetermination provides for (a) a firm fixed price for an initial period of contract deliveries or performance and (b) prospective redetermination, at a stated time or times during performance, of the price for subsequent periods of performance.
Collected 2026-08-27T02:26:29Z. Source file · JSON