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Part 16 - Types of Contracts - Acquisition.GOV
This part describes types of contracts that may be used in acquisitions. It prescribes policies and procedures and provides guidance for selecting a contract type appropriate to the circumstances of the acquisition.
See results only from acquisition.govSubpart 16.3
(a) A cost-reimbursement contract may be used only when (1) The factors in 16.104 have be…
Fixed-Price Contracts
A firm-fixed-price contract is suitable for acquiring commercial products or commercial servic…
Subpart 4.16 - Unique Procurement Instrument Identifiers
This subpart prescribes policies and procedures for assigning unique Procurement Instrument Identifiers (PIID) for each solicitation, contract, agreement, or order and related procurement …
Comparison of Major Contract Types Chart | www.dau.edu
Jan 30, 2023 · The Comparison of Major Contract Types Chart is based on the information in the Contract Pricing Reference Guides (Volume 4 – Advanced Issues in Contract Pricing, Chapter …
How To Read a Contract/Order Procurement …
A Procurement Instrument Identification (PIID) number is used to convey contract/order details that outline who issued the award, when the award was issued, what type of award it is, and identifies the agency assigned number for …
Product and Service Code Manual | Acquisition.GOV
May 4, 2020 · Welcome to the Product and Service Code (PSC) manual page, where you can find the archive version in multiple formats along with supporting documentation.
Type of Contract - Federal Procurement Data System
Type of Contract. Definition: The type of contract as defined in FAR Part 16 that applies to this procurement. Instruction: Enter the code that best describes the contract type.
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April 2016. Table of Contents. Page 4 - 5. Background. Contract Type as an Element of Overall Compensation. Contract Performance Risk. Page 5 - 7. Market Risk. Factors in Selection of …
48 CFR Part 16 Subpart 16.1 -- Selecting Contract Types
Contract types vary according to. (1) the degree and timing of the responsibility assumed by the contractor for the costs of performance and. (2) the amount and nature of the profit incentive …
eCFR :: 48 CFR Part 16 -- Types of Contracts (FAR Part 16)
The Electronic Code of Federal Regulations (eCFR) is a continuously updated online version of the CFR. It is not an official legal edition of the CFR. Learn more about the eCFR, its status, …
Generally, a firm fixed price type contract is the most preferred and cost reimbursement type contracts the least preferred. However, selecting a contract should be tailored to the unique …
Subchapter C - Contracting Methods and Contract Types
Sep 30, 2024 · 13.005 List of laws inapplicable to contracts and subcontracts at or below the simplified acquisition threshold. 13.006 Inapplicable provisions and clauses. Subpart 13.1 - …
Contract Types | www.dau.edu
Please visit DAU’s Comparison of Major Contract Types Chart tool to learn more about the various contract types in the fixed-price, cost reimbursement, and level-of-effort families. …
No single contract type is right for every contracting situation. Selection of contract type must be made on a case-by-case basis, considering programmatic, performance, and financial factors.
Contract Types - FAI.GOV
May 15, 2020 · During the “Contract Types” Knowledge Nugget, you will learn about the different contract types identified in the FAR. Additionally, you will understand the importance of …
Contract types are grouped into two broad categories: fixed-price and cost-reimbursement. The spectrum of cost-type contracts include various incentive contracts in which the contractor’s …
Contract Type Matrix | Adaptive Acquisition Framework
This table maps the contract types that are allowed for each of the major strategies outlined in the contracting cone. As you can see most contract types are allowed for most FAR based strategies.
How to decipher government codes relating to contracting
Dec 24, 2020 · The NAICS (North American Industry Classification System) and the SIC (Standard Industrial Class) codes identify products and services by type of industry and are …
Subpart 4.16 - Unique Procurement Instrument Identifiers
Sep 30, 2024 · This subpart prescribes policies and procedures for assigning unique Procurement Instrument Identifiers (PIID) for each solicitation, contract, agreement, or order and related …
Part 216 - TYPES OF CONTRACTS - Acquisition.GOV
Oct 10, 2024 · Contracting officers shall follow the principles and procedures in Principal Director, Defense Pricing, Contracting, and Acquisition Policy memorandum dated April 1, 2016, entitled …
Contract Types | Contracts | CDC - Centers for Disease Control …
Federal government contracts are commonly divided into two main types, fixed-price and cost-reimbursement. Other contract types include incentive contracts, time-and-materials, labor …
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