[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: 48CFR16.304]



[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. 16.304  Cost-plus-incentive-fee 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.



[48 FR 42219, Sept. 19, 1983, as amended at 62 FR 12695, Mar. 17, 1997]