48 CFR Part 1416

Part 1416—Types of Contracts

Federal Acquisition Regulations System · Chapter 14, Chapter 14—Department of the Interior · Subchapter C

48 CFR Part 1416

Official text on eCFR ↗

Words: 52
Sections: 3
Last amended: December 16, 2016
Administered by: Department of Interior

48 CFR Part 1416

Text as published by eCFR on 2026-07-30.

PART 1416—TYPES OF CONTRACTS

Authority:

Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301.

Source:

75 FR 19829, Apr. 15, 2010, unless otherwise noted.

Subpart 1416.2—Fixed-Price Contracts

1416.203 Fixed-price contracts with economic price adjustment.

1416.203-4 Contract clauses.

An economic price adjustment clause based on actual cost of labor or material may be used after approval by the BPC, without the power of redelegation.

Subpart 1416.4—Incentive Contracts

1416.405 Contract clauses.

The BPC, without the power of redelegation, is authorized to approve an award fee clause to use in a solicitation when a cost-plus-award-fee contract is contemplated.