GroundRules
48 CFR 16.301-1: 16.301-1 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 16.3—Cost-Reimbursement Contracts
Cost-reimbursement types of contracts provide for payment of allowable incurred costs, to the extent prescribed in the contract. These contracts establish an estimate of total cost for the purpose of obligating funds and establishing a ceiling that the contractor may not exceed (except at its own risk) without the approval of the contracting officer.
Collected 2026-08-27T02:26:29Z. Source file · JSON