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- When selecting contract types according to FAR 16, consider the following factors12:
- Price competition
- Combining contract types
- Price analysis
- Type and complexity of the requirement
- Urgency of the requirement
- Period of performance
- Contractor’s technical capability and financial responsibility
- Adequacy of the contractor’s accounting system
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Subpart 16.1 - Selecting Contract Types
www.acquisition.gov/far/part-16Highlights of consideration factors as prescribed in FAR 16.104 when selecting the appropriate contract type include the following:
- Price competition. ...
- Combining contract types: A contract may use multiple contract types. ...
www.dau.edu/acquipedia-article/contract-types - People also ask
Part 16 - Types of Contracts | Acquisition.GOV
WEB16.102 Policies. (a) Contracts resulting from sealed bidding shall be firm-fixed-price contracts or fixed-price contracts with economic price adjustment. (b) Contracts negotiated under part 15 may be of any type or combination of types that will promote …
See results only from acquisition.govSubpart 16.3
(a) A cost-reimbursement contract may be used only when (1) The factors in 16.104 …
Fixed-Price Contracts
This contract type shall not be used unless-. (a) Negotiations have established that-. …
Subpart 16.1
16.101 General. (a) A wide selection of contract types is available to the …
16.101 General.
16.101 General. 16.101. General. (a) A wide selection of contract types is available to …
16.103 Negotiating contract t…
16.103 Negotiating contract type. (a) Selecting the contract type is generally a …
PART 616—TYPES
616.000 Scope of part. The contracting officer may use any of the contract types …
PART 5816
5816.601 Time-and-Materials Contracts. (d) (1) Time-and-materials or labor-hour …
16.104 Factors in selecting contract types. | Acquisition.GOV
WEBMay 22, 2024 · FAR; 16.104 Factors in selecting contract types. FAR. FAC Number: 2024-05 Effective Date: 05 ... Combining contract types. If the entire contract cannot be firm …
Subpart 16.1 - Selecting Contract Types | Acquisition.GOV
WEBMay 22, 2024 · 16.101 General. (a) A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large …
Contract Types | www.dau.edu
WEBHighlights of consideration factors as prescribed in FAR 16.104 when selecting the appropriate contract type include the following: Price competition. Effective price …
WEBThe Federal Acquisition Regulations (FAR) governs the use of the many types of government contracts. The purpose of this document is to provide general guidance …
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eCFR :: 48 CFR Part 16 -- Types of Contracts (FAR Part 16)
WEBThe Code of Federal Regulations (CFR) is the official legal print publication containing the codification of the general and permanent rules published in the Federal Register by the …
PART 16—TYPES OF CONTRACTS - LII / Legal Information …
WEB48 CFR Part 16 - PART 16—TYPES OF CONTRACTS . CFR ; prev | next. 16.000 Scope of part. 16.001 Definitions. Subpart 16.1—Selecting Contract Types (§§ 16.101 - 16.105) …
48 CFR Part 16 Subpart 16.1 -- Selecting Contract Types
WEB16.101 General. (a) A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large variety and volume …
48 CFR 16.104 -- Factors in selecting contract types.
WEB16.104 Factors in selecting contract types. There are many factors that the contracting officer should consider in selecting and negotiating the contract type. They include the …
SUBPART 16.1 – SELECTING CONTRACT TYPES
WEBOct 13, 2020 · The approval authorities listed in 16.191 (c) (3) must sign and approve the request before the contracting officer issues a solicitation or otherwise commences …
Contract Types | www.dau.edu
WEBContract Types. This video (created by DAU faculty member Mark Jenkins in collaboration with Katie Keller), walks learners through the most common contract types IAW FAR …
16.101 General. | Acquisition.GOV
WEB16.101 General. 16.101. General. (a) A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large …
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WEBContract type is a term used to signify differences in contract structure or form, including compensation arrangements and amount of risk (either to the government or to the …
Six Types of FAR Government Contracts - JetCo Solutions
WEBThe government uses federal contracts as a procurement mechanism to purchase goods or services from contractors. These contracts are governed by a strict set of terms and …
WEBSelection of contract type must be made on a case-by-case basis, considering programmatic, performance, and financial factors. The goal is to select the contract …
WEBFAR 16.103(b) Negotiating contract type. FAR 16.202 Firm-fixed-price contracts [fixed-price contracts]. A firm-fixed price-contract, which best utilizes the basic profit motive of …
Subpart 16.2 - Fixed-Price Contracts | Acquisition.GOV
WEBThis contract type shall not be used unless-. (a) Negotiations have established that-. (1) The conditions for use of a firm-fixed-price contract are not present (see 16.202-2 ); …
Comparison of Major Contract Types Chart | www.dau.edu
WEBJan 30, 2023 · Description The Comparison of Major Contract Types Chart is based on the information in the Contract Pricing Reference Guides ... April 16, 2024. Tool. Analysis …
FAR Part 16 - Contract Types Flashcards | Quizlet
WEBFAR 16.103 - Selecting the contract type is generally a matter for negotiation and requires the exercise of sound judgment. The objective is to negotiate a contract type and price …
48 CFR § 16.104 - Factors in selecting contract types.
WEBThere are many factors that the contracting officer should consider in selecting and negotiating the contract type. They include the following: (a) Price competition. …
PART 5816 - TYPES OF CONTRACTS | Acquisition.GOV
WEBJun 26, 2024 · 5816.601 Time-and-Materials Contracts. (d) (1) Time-and-materials or labor-hour CLINS for strictly travel costs or Other Direct Costs that are ancillary to the primary …
16.103 Negotiating contract type. | Acquisition.GOV
WEBMay 22, 2024 · 16.103 Negotiating contract type. (a) Selecting the contract type is generally a matter for negotiation and requires the exercise of sound judgment. …
16.104 Factors in selecting contract types. | Acquisition.GOV
WEB16.104 Factors in selecting contract types. There are many factors that the contracting officer should consider in selecting and negotiating the contract type. They include the …
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WEB24, 81 AM. J. OFHEALTH-SYSTEM PH. RMACY 583 (2024).6 Sonal Parasrampuria & Stephen Murphy, Trends in Prescription Drug Spending, 2016-2021, Assistant Secretary …
Chile - United States Department of State
WEBAs of December 2023, the total assets of the Chilean banking system amounted to US$ 458.9 billion, according to the CMF. The largest six banks (Banco de Crédito e …
PART 616—TYPES OF CONTRACTS | Acquisition.GOV
WEB616.000 Scope of part. The contracting officer may use any of the contract types described in FAR part 16 for acquisitions made under simplified acquisition procedures. The …