FAR 16.205-1 Description
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 16.205-1
- Type
- Subsection
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
A fixed-price contract with prospective price redetermination provides for-
(a) A firm fixed price for an initial period of contract deliveries or performance; and
(b) Prospective redetermination, at a stated time or times during performance, of the price for subsequent periods of performance.
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary Federal Acquisition Regulation Overhaul Parts 16, 17, and 35 | Closed Oct 19, 2026No final rule found |
Quick answers
What is FAR 16.205-1?
FAR 16.205-1 is a subsection of the Federal Acquisition Regulation, titled "Description".
Are changes to FAR 16.205-1 proposed?
One proposed change has no final rule yet.
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