48 C.F.R. § 1852.216-83
Current through March 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