Fixed price with prospective redetermination
WebResults in a firm fixed price for an initial period, with prospective redetermination at a stated time during performance. This contract type is appropriate for production or … http://www.wifcon.com/discussion/index.php?/topic/2053-price-redetermination/
Fixed price with prospective redetermination
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WebA type (family) of contract providing for a firm pricing arrangement established by the parties at the time of contracting. This family of contracts includes firm fixed price, fixed price with economic price adjustment, fixed price incentive, fixed price redetermination (prospective and retroactive), firm fixed price level of effort, and fixed price award fee. WebDec 14, 2024 · C. Fixed-price contracts with prospective price redetermination. A fixed-price contract with price redetermination in the future provides for the following: A fixed price for the first period of ...
Web(a) A fixed-price contract with economic price adjustment provides for upward and downward revision of the stated contract price upon the occurrence of specified contingencies. Economic price adjustments are of three general types: (1) Adjustments based on established prices. WebA fixed-ceiling-price contract with retroactive price redetermination is appropriate for research and development contracts estimated at $150,000 or less when it is established …
WebNov 6, 2024 · 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. What to consider when negotiating a contract type? WebFAR 52.216-6 Price Redetermination-Retroactive. Basic (Jan 2024) (Current) As prescribed in 16.206-4, the contracting officer shall, when contracting by negotiation, insert the clause at 52.216-6, Price Redetermination-Retroactive, in solicitations and contracts when a fixed-price contract is contemplated and the conditions in 16.206-2 and 16. ...
WebThis is a fixed-price prospective redetermination, multiple-year requirements contract. The location of performance is Connecticut, with a Sept. 26, 2024, performance completion date. Using...
dave and busters katy txWebThis preview shows page 2 - 4 out of 8 pages. b) Fixed-price incentive firm. c) Fixed-price prospective redetermination. d) Fixed-price economic price adjustment. 8. The fixed-price economic price adjustment contract helps to keep contract prices low yet fair to all parties over a generally longer time period. dave and busters kissimmeeWebA 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 … dave and busters kids menu pricesWebA fixed-price contract with prospective price redetermination may be used in acquisitions of quantity production or services for which it is possible to negotiate a fair and … black and decker coffee maker cm1060bWebOct 5, 1995 · (i) Contracting officers may insert procurement note H12 in solicitations and awards, including those subject to FAR Part 12, that meet the criteria in FAR 16.205 for … black and decker coffee maker clean resetWebretroactive price redetermination Retroactive price redetermination within the ceiling after completion of the contract. Application Appropriate for research and development … dave and busters lakeland flWebThe unit prices and the total price stated in this contract shall be periodically redetermined in accordance with this clause, except that (1) the prices for supplies delivered and … dave and busters la crosse wi