Haw. Code R. § 3-122-135

Current through April, 2024
Section 3-122-135 - Types of contracts
(a) Contract types described below are the principal contract types and any other type not described may be used, subject to the prohibition and restriction in section 3-122-133.
(b) Contract types are categorized based on the following and a type of contract may be a combination of any of the following:
(1) Compensation, which includes:
(A) Fixed-price contract, pursuant to section 3-122-136, as follows:
(i) Firm fixed-price contract; and
(ii) Fixed-price contract with price adjustment;
(B) Cost-reimbursement contract, pursuant to section 3-122-137, as follows:
(i) Cost contract without fee;
(ii) Cost-plus-fixed fee contract of the completion form type or the term form type; and
(iii) Cost-plus-a-percentage-of-cost contract;
(2) Cost incentives to provide special incentives to reduce total costs of performance, which includes cost-incentive contract, pursuant to section 3-122-138, as follows:
(A) Fixed-price cost incentive contract; and
(B) Cost-reimbursement contract with cost incentive fee;
(3) Performance incentive, pursuant to section 3-122-139;
(4) Time and materials, pursuant to section 3-122-140;
(5) Labor hour, pursuant to section 3-122-141;
(6) Quantity, which includes:
(A) Definite quantity contract, pursuant to section 3-122-142; and
(B) Indefinite quantity contract, which includes requirements contract, pursuant to section 3-122-143;
(7) Use of multiple sources when conditions exist under which it is either necessary or advantageous to award a contract to more than one supplier for the same item on a solicitation, or for similar items, which includes:
(A) Incremental award contract of a definite quantity, pursuant to section 3-122-144;
(B) Multiple award contract of an indefinite quantity, pursuant to section 3-122-145; and
(C) Geographic or regional award contract, pursuant to section 3-122-146;
(8) Passing of title, which includes lease contracts, pursuant to section 3-122-147;
(9) Installment purchase payments, pursuant to section 3-122-148; and
(10) Length of contract, which includes multi-term contracts, pursuant to section 3-122-149.

Haw. Code R. § 3-122-135

[Eff 12/15/95; am and comp 11/17/97; am and comp MAR 21 2008] (Auth: HRS §§ 103D-202, 103D-313, 103D-322) (Imp: HRS §§ 103D-313, 103D-315, 103D-322)