Skip to main content
FAR

FAR

FAC Number: 2025-01
Effective Date: 11/12/2024

16.302 Cost contracts.

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.

(c) Limitations. See 16.301-3.

Far Parts