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                            14.104 Types of contracts.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart14.014.114.214.314.414.5
Section14.10114.10214.10314.10414.105
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14.104 Types of contracts.14.104 Types of contracts.       Firm-fixed-price contracts shall be used when the method of contracting is sealed bidding, except that fixed-price contracts with economic price adjustment clauses may be used if authorized in accordance with  16.203 when some flexibility is necessary and feasible. Such clauses must afford all bidders an equal opportunity to bid.    **Parent topic:**  Subpart 14.1 - Use of Sealed Bidding
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