FAR 16.304 Cost-plus-incentive-fee contracts
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 16.304
- Type
- Section
- 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 section.
Text
A cost-plus-incentive-fee contract is a cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs. Cost-plus-incentive-fee contracts are covered in subpart 16.4, Incentive Contracts. See 16.405-1 for a more complete description and discussion of application of these contracts. See 16.301-3 for limitations.
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 |
Sections cited
- FAR Subpart 16.4 Incentive Contracts
- FAR 16.405-1 Cost-plus-incentive-fee contracts
- FAR 16.301-3 Limitations
Quick answers
What is FAR 16.304?
FAR 16.304 is a section of the Federal Acquisition Regulation, titled "Cost-plus-incentive-fee contracts".
Are changes to FAR 16.304 proposed?
One proposed change has no final rule yet.
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