[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR16.304]

[Page 300]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 16--TYPES OF CONTRACTS--Table of Contents
 
               Subpart 16.3--Cost-Reimbursement Contracts
 
Sec. 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.

[48 FR 42219, Sept. 19, 1983, as amended at 62 FR 12695, Mar. 17, 1997]

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