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.
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.