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Department of the Interior Acquisition Regulation


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PART 1416 - TYPES OF CONTRACTS

 

Subpart 1416.2 - Fixed-Price Contracts

 

1416.203 Fixed-price contracts with economic price adjustment.

 

1416.203-4 Contract clauses.

An economic price adjustment clause based on actual cost of labor or material may be used after approval by the BPC, without the power of redelegation.

 

Subpart 1416.4 - Incentive Contracts

 

1416.405 Contract clauses.

The BPC, without the power of redelegation, is authorized to approve an award fee clause to use in a solicitation when a cost-plus-award-fee contract is contemplated.

 

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