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   <concept id="id201HB0508KK"
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      <title class="- topic/title ">
         <ph props="autonumber" class="- topic/ph ">536.207</ph> Pricing Fixed-Price
Construction Contracts.</title>
      <conbody class="- topic/body  concept/conbody ">
         <p id="id201HB0503M1" class="- topic/p ">For the CMc project delivery method,
the construction contract is a variation of the fixed-price incentive
(successive target) contract type, described in <xref href="https://www.acquisition.gov/content/16403-2-fixed-price-incentive-successive-targets-contracts"
                  format="html"
                  scope="external"
                  class="- topic/xref ">FAR 16.403-2</xref>,
that is tailored for construction. The profit adjustment formula
is accomplished via a shared savings ratio specified in the contract,
as described at <xref outputclass="fm:ParaNumOnly"
                  class="- topic/xref "
                  base="id201I90A0MOM"
                  href="GSAM-536.7105-5.dita#id201I90A0MOM">536.7105-5</xref>.</p>
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