Code of Federal Regulations · Section
§ 1852.216-83 — 1852.216-83 Fixed Price Incentive
48 C.F.R. § 1852.216-83
View:
As prescribed in 1816.406-70(c), insert the following clause:
The target cost of this contract is $______. The Target profit of this contract is $______. The target price (target cost plus target profit) of this contract is $______. [The ceiling price is $______.]
The cost sharing for target cost underruns is: Government ____ percent; Contractor ____ percent.
The cost sharing for target cost overruns is: Government ____ percent; Contractor ____ percent.
Authorizing Statute
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Powers of the Administration in performance of functions51 U.S.C. § 20113