Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.16.304 Cost-plus-incentive-fee contracts

A cost-plus-incentive-fee contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs. Cost-plus-incentive-fee contracts are covered in subpart 16.4, Incentive Contracts. See 16.405–1 for a more complete description and discussion of application of these contracts. See 16.301–3 for limitations.