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- Based on FAR 16.2 through FAR 16.6, there are 11 different permissible contract vehicles. These vehicles can be subdivided into three different families: fixed-price, cost-reimbursement, and other contract vehicles.courses.ntc.doe.gov/contractacquisitionuniversity/2022/CAU130327/studentresourc…
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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 …
Fixed-Price Contracts
Parent topic: Part 16 - Types of Contracts. 16.201 General. (a) Fixed-price types of …
16.101 General.
Contract types vary according to- (1) The degree and timing of the responsibility …
Subpart 16.1
Contract types vary according to-. (1) The degree and timing of the responsibility …
16.101 General. | Acquisition.GOV
Sep 30, 2024 · 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 …
16.104 Factors in selecting contract types. | Acquisition.GOV
Sep 30, 2024 · Learn how to choose the best contract type for your acquisition based on various factors, such as price competition, cost analysis, complexity, urgency, and more. This web …
Contract Types | www.dau.edu
FAR Part 16 provides for another category of contracts that contract for a level-of-effort. Contract types of this category include time-and-materials and labor-hours contracts.
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 …
The purpose of this document is to provide general guidance regarding contract types as described under FAR Part 16. This guide is not intended to supersede information contained in …
eCFR :: 48 CFR Part 16 -- Types of Contracts (FAR Part 16)
https://www.ecfr.gov/current/title-48/chapter-1/subchapter-C/part-16?toc=1. Timeline views are not currently available for tables of contents. You can view a list of changes to this part here. …
Factors in selecting contract types. (FAR 16.104) - eCFR
16.104 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 following: (a) …
PART 16—TYPES OF CONTRACTS - LII / Legal Information …
CFR. prev | next. 16.000 Scope of part. 16.001 Definitions. Subpart 16.1—Selecting Contract Types (§§ 16.101 - 16.105) Subpart 16.2—Fixed-Price Contracts (§§ 16.201 - 16.207-3) …
Understanding the FAR: A Beginner's Guide to Government …
Oct 4, 2024 · Part 16 of the FAR covers the wide range of contract types that the government can use to procure goods and services. Whether it’s a straightforward fixed-price contract or a …
Subpart 16.1 - Selecting Contract Types | Acquisition.GOV
Sep 30, 2024 · 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 …
FAR 16.405-1 Cost-plus-incentive-fee contracts [cost-reimbursement incentive contracts]. A cost-plus-incentive-fee contract is a cost-reimbursement contract that provides for the initially …
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 § 16.104 - Factors in selecting contract types.
(a) Price competition. Normally, effective price competition results in realistic pricing, and a fixed-price contract is ordinarily in the Government's interest. (b) Price analysis. Price analysis with …
Contract Types | www.dau.edu
This video (created by DAU faculty member Mark Jenkins in collaboration with Katie Keller), walks learners through the most common contract types IAW FAR Part 16, and demonstrates how …
Contracting officers shall follow the principles and procedures in Director, Defense Procurement and Acquisition Policy memorandum dated April 1, 2016, entitled “Guidance on Using …
PART 16 – TYPES OF CONTRACTS - Acquisition.GOV
Sep 6, 2024 · A bridge contract may be appropriate when—. (1) The competitive follow-on contract or solicitation has been protested; (2) The approved acquisition strategy requires a …
Six Types of FAR Government Contracts - JetCo Solutions
Below, the definitions of different types of contracts are highlighted from part 16 of the FAR: 1. Fixed-Price Contracts. Fixed-price types of contracts provide for a firm price or, in appropriate …
FAR Part 16 - Stafford Consulting Company Inc.
Description. This course thoroughly explores Far Part 16, Types of Contracts. The course is organized in accordance with the Far Part 16 subparts, or contract types. Participants will gain …
Subpart 16.2 - Fixed-Price Contracts - Acquisition.GOV
Sep 30, 2024 · Parent topic: Part 16 - Types of Contracts. 16.201 General. (a) Fixed-price types of contracts provide for a firm price or, in appropriate cases, an adjustable price. Fixed-price …
OTA vs. FAR Based Contracts - govconwire.com
Oct 22, 2024 · How OTAs Differ from FAR Contracts. One of the key distinctions between OTAs and FAR contracts is their level of flexibility. Unlike FAR contracts, OTAs do not follow a rigid …
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