Fixed price with prospective redetermination
WebA fixed-price contract with prospective price redetermination may be used in acquisitions of quantity production or services for which it is possible to negotiate a fair and … WebA type (family) of contract providing for a firm pricing arrangement established by the parties at the time of contracting. This family of contracts includes firm fixed price, fixed price with economic price adjustment, fixed price incentive, fixed price redetermination (prospective and retroactive), firm fixed price level of effort, and fixed price award fee.
Fixed price with prospective redetermination
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Webretroactive price redetermination Retroactive price redetermination within the ceiling after completion of the contract. Application Appropriate for research and development … Web- Fixed-Price Contracts with Economic Price Adjustments - Fixed-Price Incentive Contracts (FPI) 1. Fixed-Price Incentive (Firm Target) Contracts 2. Fixed-Price Incentive …
Web48 CFR § 16.205 - Fixed-price contracts with prospective price redetermination. Electronic Code of Federal Regulations (e-CFR) US Law LII / Legal Information … WebResults in a firm fixed price for an initial period, with prospective redetermination at a stated time during performance. This contract type is appropriate for production or …
WebNov 6, 2024 · A fixed-price contract with prospective price redetermination provides for—. (a) A firm fixed price for an initial period of contract deliveries or performance; and. (b) Prospective redetermination, at a stated time or times during performance, of the price for subsequent periods of performance. What to consider when negotiating a contract type?
WebMar 20, 2013 · Are you talking about a fixed-price contract with prospective price predetermination (FAR 16.205), a fixed-price contract with retroactive price redetermination (FAR 16.206), or some other type of contract? ... Most fixed price redetermination proposals I have seen have used actual costs incurred as the basis for …
WebOct 5, 1995 · The term “established price” means a price that – (1) Is an established catalog or market price for a commercial item sold in substantial quantities to the general public; and (2) Is the net price after applying any standard trade discounts offered by … cuhkfaa thomas cheung secondary schoolhttp://www.wifcon.com/discussion/index.php?/topic/2053-price-redetermination/ cuhk faa thomas cheung secondary schoolWebMar 16, 2024 · 16.205 Fixed-price contracts with prospective price redetermination. 16.205 Fixed-price contracts with prospective price redetermination. 16.205-1 Description. 16.205-2 Application. 16.205-3 Limitations. 16.205-4 Contract clause. The contracting officer shall, when contracting by negotiation, insert the … A fixed-price contract with prospective price redetermination may be used in … eastern maine medical center employmentWebFixed-Price Contracts with Prospective Price Redetermination Fixed-Ceiling-Price with Retroactive Price Redetermination Contracts Firm-Fixed-Price, Level of Effort Term Contracts. 6. Cost Reimbursement Type Contracts . Cost-reimbursement contract provides for payment of the allowable incurred costs to cuhk exam timetableWebA fixed-price contract with prospective price redetermination may be used in acquisitions of quantity production or services for which it is possible to negotiate a fair and … cuhk facility bookingWebA fixed price incentive fee (FPIF) contract is a fixed price contract combined with an incentive fee. The seller will receive a bonus for finishing early or surpassing other … eastern maine medical center power plantWeb(a) A fixed-price contract with economic price adjustment provides for upward and downward revision of the stated contract price upon the occurrence of specified contingencies. Economic price adjustments are of three general types: (1) Adjustments based on established prices. eastern maine medical center npi