Flexibly-priced contracts and subcontracts

Flexibly-priced contracts and subcontracts means -
(1) Fixed-price contracts and subcontracts described at FAR 16.203-1(a)(2), 16.204, 16.205, and 16.206;
(2) Cost-reimbursement contracts and subcontracts (FAR Subpart 16.3);
(3) Incentive contracts and subcontracts where the price may be adjusted based on actual costs incurred (FAR Subpart 16.4);
(4) Orders issued under indefinite-delivery contracts and subcontracts where final payment is based on actual costs incurred (FAR Subpart 16.5); and
(5) The materials portion of time-and-materials contracts and subcontracts (FAR Subpart 16.6).

Source

48 CFR § 52.230-6


Scoping language

None
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