[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR16.204]

[Page 297]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 16_TYPES OF CONTRACTS--Table of Contents
 
                   Subpart 16.2_Fixed-Price Contracts
 
Sec.  16.204  Fixed-price incentive contracts.

    A fixed-price incentive contract is a fixed-price contract that 
provides for adjusting profit and establishing the final contract price 
by a formula based on the relationship of final negotiated total cost to 
total target cost. Fixed-price incentive contracts are covered in 
subpart 16.4, Incentive Contracts. See 16.403 for more complete 
descriptions, application, and limitations for these contracts. 
Prescribed clauses are found at 16.406.

[48 FR 42219, Sept. 19, 1983, as amended at 59 FR 11387, Mar. 10, 1994; 
62 FR 12695, Mar. 17, 1997]