Code of Federal Regulations · Section

§ 1852.216-83 — 1852.216-83 Fixed Price Incentive

48 C.F.R. § 1852.216-83

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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