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                            16.206-1 Description.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart16.016.116.216.316.416.516.616.7
Section16.20116.20216.20316.20416.20516.20616.207
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16.206-1 Description.16.206-1 Description.       A fixed-ceiling-price contract with retroactive price redetermination provides for-                                       (a)                    						            A fixed ceiling price; and                                          (b)                    						            Retroactive price redetermination within the ceiling after completion of the contract.    **Parent topic:**  16.206 Fixed-ceiling-price contracts with retroactive price redetermination.
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