{"data":{"id":"us/48-cfr-16.305","jurisdiction":"us","citation":"48 CFR 16.305","heading":"16.305 Cost-plus-award-fee contracts.","body":"A cost-plus-award-fee contract is a cost-reimbursement contract that provides for a fee consisting of (a) a base amount (which may be zero) fixed at inception of the contract and (b) an award amount, based upon a judgmental evaluation by the Government, sufficient to provide motivation for excellence in contract performance. Cost-plus-award-fee contracts are covered in subpart 16.4, Incentive Contracts. See 16.401(e) for a more complete description and discussion of the application of these contracts. See 16.301-3 and 16.401(e)(5) for limitations.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"e5f0ff17c5017057369d81bd626af885449780c65e5f36dbf7dabe1a61749cca","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-16.304","next":"us/48-cfr-16.306"},"notice":"GroundRules: Original legal text. Not legal advice."}