FAR 46.707 Pricing aspects of fixed-price incentive contract warranties

Section Federal Acquisition Regulation

Facts

Citation
FAR 46.707
Type
Section
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

If a fixed-price incentive contract contains a warranty (see 46.708), the estimated cost of the warranty to the contractor should be considered in establishing the incentive target price and the ceiling price of the contract. All costs incurred, or estimated to be incurred, by the contractor in complying with the warranty shall be considered when establishing the total final price. Contractor compliance with the warranty after the establishment of the total final price shall be at no additional cost to the Government.

Sections cited

Quick answers

What is FAR 46.707?

FAR 46.707 is a section of the Federal Acquisition Regulation, titled "Pricing aspects of fixed-price incentive contract warranties".

Are changes to FAR 46.707 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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