48 CFR Part 1416 — Types of Contracts

Authority: Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301.

Source: 75 FR 19829, Apr. 15, 2010, unless otherwise noted.

Title 48 Federal Acquisition Regulations System

Chapter 14 Department of the Interior

Subchapter C Contracting Methods and Contract Types

Part 1416 Types of Contracts

Subpart 1416.2 Fixed-Price Contracts

§ 1416.203 1416.203 Fixed-price contracts with economic price adjustment.

§ 1416.203-4 1416.203-4 Contract clauses.

An economic price adjustment clause based on actual cost of labor or material may be used after approval by the BPC, without the power of redelegation.

Subpart 1416.4 Incentive Contracts

§ 1416.405 1416.405 Contract clauses.

The BPC, without the power of redelegation, is authorized to approve an award fee clause to use in a solicitation when a cost-plus-award-fee contract is contemplated.