48 CFR 16.304

16.304 Cost-plus-incentive-fee contracts.

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

Cite this

Citation: 48 CFR 16.304, 16.304 Cost-plus-incentive-fee contracts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/239883
Permanent ID: ys:prov:239883@1
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Full text

A cost-plus-incentive-fee contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs. Cost-plus-incentive-fee contracts are covered in subpart 16.4, Incentive Contracts. See 16.405-1 for a more complete description and discussion of application of these contracts. See 16.301-3 for limitations.

Legislative history

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