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    (Showing 1 to 15 of 76 results found.)Federal Acquisition RegulationFederal Acquisition Regulation, Federal Acquisition Regulation, Part 1 - Federal Acquisition Regulations System, Part 2 - Definitions of Words and Terms, Part 3 - Improper Business Practices and Personal Conflicts of Interest, Part 4 - Administrative and...FAR
          16.600 Scope.16.600 Scope., 16.600 Scope., Time-and- materials contracts and labor-hour contracts are not fixed-price contracts., Parent topic:, Subpart 16.6 - Time-and-Materials, Labor-Hour, and Letter ContractsFAR
          16.601 Time-and-materials contracts.16.601 Time-and-materials contracts., 16.601 Time-and-materials contracts., (a) Definitions for the purposes of Time-and- Materials Contracts. Direct materials means those materials that enter directly into the end product , or that are used or consumed directly...FAR
          16.602 Labor-hour contracts.16.602 Labor-hour contracts., 16.602 Labor-hour contracts., Description. A labor-hour contract is a variation of the time-and- materials contract, differing only in that materials are not supplied by the contractor. See 12.207 (b), 16.601 (c), and 16.601 (d) for...FAR
          16.603 Letter contracts.16.603 Letter contracts., 16.603 Letter contracts., 16.603-1 Description., 16.603-2 Application., 16.603-3 Limitations., 16.603-4 Contract clauses., Parent topic:, Subpart 16.6 - Time-and-Materials, Labor-Hour, and Letter ContractsFAR
          16.603-1 Description.16.603-1 Description., 16.603-1 Description., A letter contract is a written preliminary contractual instrument that authorizes the contractor to begin immediately manufacturing supplies or performing services., Parent topic:, 16.603 Letter contracts.FAR
          16.603-2 Application.16.603-2 Application., 16.603-2 Application., (a) A letter contract may be used when (1) the Government’s interests demand that the contractor be given a binding commitment so that work can start immediately and (2) negotiating a definitive contract is not...FAR
          16.603-3 Limitations.16.603-3 Limitations., 16.603-3 Limitations., A letter contract may be used only after the head of the contracting activity or a designee determines in writing that no other contract is suitable. Letter contracts shall not- (a) Commit the Government to a...FAR
          16.603-4 Contract clauses.16.603-4 Contract clauses., 16.603-4 Contract clauses., (a) The contracting officer shall include in each letter contract the clauses required by this regulation for the type of definitive contract contemplated and any additional clauses known to be appropriate...FAR
          16.000 Scope of part.16.000 Scope of part., 16.000 Scope of part., This part describes types of contracts that may be used in acquisitions . It prescribes policies and procedures and provides guidance for selecting a contract type appropriate to the circumstances of the acquisition .,...FAR
          16.001 Definitions.16.001 Definitions., 16.001 Definitions., As used in this part- Award-Fee Board means the team of individuals identified in the award-fee plan who have been designated to assist the Fee-Determining Official in making award-fee determinations. Established price...FAR
          16.101 General.16.101 General., 16.101 General., (a) A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large variety and volume of supplies and services required by agencies. Contract types...FAR
          16.102 Policies.16.102 Policies., 16.102 Policies., (a) Contracts resulting from sealed bidding shall be firm-fixed-price contracts or fixed-price contracts with economic price adjustment. (b) Contracts negotiated under part  15 may be of any type or combination of types that...FAR
          16.103 Negotiating contract type.16.103 Negotiating contract type., 16.103 Negotiating contract type., (a) Selecting the contract type is generally a matter for negotiation and requires the exercise of sound judgment. Negotiating the contract type and negotiating prices are closely related and...FAR
          16.104 Factors in selecting contract types.16.104 Factors in selecting contract types., 16.104 Factors in selecting contract types., There are many factors that the contracting officer should consider in selecting and negotiating the contract type. They include the following: (a) Price competition ....FAR

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