48 CFR 14.104

14.104 Types of contracts.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

Cite this

Citation: 48 CFR 14.104, 14.104 Types of contracts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/239674
Permanent ID: ys:prov:239674@1
SHA-256: 48e40d8e092fea4bc4a4b8c08970b006fed7cb13ac1bbd9049855269a545b8ed

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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.