48 CFR 16.304: 16.304 Cost-plus-incentive-fee contracts.
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
A cost-plus-incentive-fee contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs. Cost-plus-incentive-fee contracts are covered in subpart 16.4, Incentive Contracts. See 16.405-1 for a more complete description and discussion of application of these contracts. See 16.301-3 for limitations.
Collected 2026-08-27T02:26:29Z. Source file · JSON