Source: https://www.law.cornell.edu/cfr/text/48/16.306
Timestamp: 2018-04-25 10:58:13
Document Index: 724347818

Matched Legal Cases: ['art 16', 'art 16', 'art 16', 'arts 1', 'arts 1', 'arts 8']

48 CFR 16.306 - Cost-plus-fixed-fee contracts. | US Law | LII / Legal Information Institute
CFR › Title 48 › Chapter 1 › Subchapter C › Part 16 › Subpart 16.3 › Section 16.306
(a)Description. A cost-plus-fixed-fee contract is a cost-reimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the inception of the contract. The fixed fee does not vary with actual cost, but may be adjusted as a result of changes in the work to be performed under the contract. This contract type permits contracting for efforts that might otherwise present too great a risk to contractors, but it provides the contractor only a minimum incentive to control costs.
(1) A cost-plus-fixed-fee contract is suitable for use when the conditions of 16.301-2 are present and, for example -
(c)Limitations. No cost-plus-fixed-fee contract shall be awarded unless the contracting officer complies with all limitations in 15.404-4(c)(4)(i) and 16.301-3.
(d)Completion and term forms. A cost-plus-fixed-fee contract may take one of two basic forms - completion or term.
[ 48 FR 42219, Sept. 19, 1983, as amended at 50 FR 1742, Jan. 11, 1985; 50 FR 52429, Dec. 23, 1985; 60 FR 37777, July 21, 1995; 62 FR 236, Jan. 2, 1997; 63 FR 34073, June 22, 1998]
Title 48 published on 13-Jan-2018 04:07
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 48 CFR Part 16 after this date.
FR Doc. 2014-27662
Effective: November 25, 2014.
48 CFR Parts 1, 16, 22, 31, 52, and 53
FR Doc. 2013-18462
Docket No. 2013-0011, Sequence 1
FR Doc. 2013-04600
Docket No. 2011-0025, Sequence 1
FR Doc. 2013-01747
Docket No. 2012-0007, Sequence 1
FR Doc. 2012-18276
Docket No. 2011-0025
FR Doc. 2012-17730
Effective date: July 26, 2012. Comment date: Interested parties should submit written comments to the Regulatory Secretariat on or before September 24, 2012 to be considered in the formation of a final rule.
FR Doc. 2012-17739
48 CFR Parts 1, 16, 22, and 52
FR Doc. 2012-4485
Docket No. 2011-0081, Sequence 1
77 FR 3636 - Federal Acquisition Regulation; Brand-Name Specifications; Correction
FR Doc. 2012-1438
FR Doc. 2012-455
RIN 9000-AM12
Docket No. 2011-0024, Sequence 1
The comment period for the interim rule published November 2, 2011, at 76 FR 68032, and effective November 2, 2011, is extended. Interested parties should submit written comments to the Regulatory Secretariat on or before February 13, 2012.
48 CFR Parts 8, 12, 16, 19, 38, and 52
DoD, GSA, and NASA issued an interim rule on November 2, 2011, amending the Federal Acquisition Regulation (FAR) to implement section 1331 of the Small Business Jobs Act of 2010 (Jobs Act). Section 1331 addresses set-asides of task- and delivery-orders under multiple-award contracts, partial set-asides under multiple-award contracts, and the reserving of one or more multiple-award contracts that are awarded using full and open competition. Within this same context, section 1331 also addresses the Federal Supply Schedules Program managed by GSA. DoD, GSA, and NASA are coordinating with the Small Business Administration (SBA) on the development of an SBA proposed rule that will provide greater detail regarding implementation of section 1331 authorities. The comment period is being extended to provide additional time for interested parties to review the FAR changes of FAR Case 2011-024, Set-Asides for Small Business, to February 13, 2012.
FR Doc. 2011-33418
RIN 9000-AL74
Docket No. 2010-0100, Sequence 1
DoD, GSA, and NASA are issuing a final rule amending the Federal Acquisition Regulation (FAR) to implement Government Accountability Office (GAO) recommendations to: ensure that time-and-materials and labor-hour contracts are used to acquire commercial services only when no other contract type is suitable; and instill discipline in the determination of contract type with a view toward managing the risk to the Government.
48 CFR 35.005 — Work Statement.