[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR16.302]



[Page 310]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 16_TYPES OF CONTRACTS--Table of Contents

 

                Subpart 16.3_Cost-Reimbursement Contracts

 

Sec. 16.302  Cost contracts.



    (a) Description. A cost contract is a cost-reimbursement contract in 

which the contractor receives no fee.

    (b) Application. A cost contract may be appropriate for research and 

development work, particularly with nonprofit educational institutions 

or other nonprofit organizations, and for facilities contracts.

    (c) Limitations. See 16.301-3.