PART 1416 - TYPES OF CONTRACTS

Subpart 1416.2 - Fixed-Price Contracts

1416.203 Fixed-price contracts with economic price adjustment.

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 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.