48 C.F.R. §§ 1852.216-83
Current through October 31, 2024
As prescribed in 1816.406-70(c), insert the following clause:
Fixed Price Incentive (OCT 1996)
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.
(End of clause)
48 C.F.R. §§1852.216-83