48 C.F.R. § 1852.216-83

Fixed price incentive.

Last amended: 2016Year: 2026Length: 93 wordsOfficial source

Cite as 48 C.F.R. § 1852.216-83 (2026)

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) [62 FR 3486, Jan. 23, 1997, as amended at 62 FR 36733, July 9, 1997]
48 C.F.R. § 1852.216-83: Fixed price incentive. | Justis AI