Code of Federal Regulations · Section
§ 16.205-1 — 16.205-1 Description
48 C.F.R. § 16.205-1
View:
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.
Authorizing Statute
-
Powers of the Administration in performance of functions51 U.S.C. § 20113
-
Administrative40 U.S.C. § 121
-
General authority41 U.S.C. § 1121
-
Chapter 137 legacy provisions10 U.S.C. § 3016