PART 1416—TYPES OF CONTRACTS Authority:Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301. Source:75 FR 19829, Apr. 15, 2010, unless otherwise noted. Subpart 1416.2—Fixed-Price Contracts 1416.203 Fixed-price contracts with economic price adjustment. 1416.203-4 Contract clauses.

An economic price adjustment clause based on actual cost of labor or material may be used after approval by the BPC, without the power of redelegation.

 Subpart 1416.4—Incentive Contracts 1416.405 Contract clauses.

The BPC, without the power of redelegation, is authorized to approve an award fee clause to use in a solicitation when a cost-plus-award-fee contract is contemplated.