There are three types of incentive contracts that provide for changes in profit/fee following an agreed-to formula-type incentive arrangement: the fixed-price incentive firm target (FPIF) and fixed-price incentive successive targets (FPIS) addressed above under Fixed Price Contract Types; and cost-plus-incentive-fee (CPIF). Defense Acquisition University; Tools Catalog; Sign In. Acquisition Tools and Resources Database. Recently Added. Most Used. Highly Rated. Feedback. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 (b) The contract types are grouped into two broad categories: fixed-price contracts (see subpart 16.2) and cost-reimbursement contracts (see subpart 16.3). The specific contract types range from firm-fixed-price, in which the contractor has full responsibility for the performance costs and resulting profit (or loss), to cost-plus-fixed-fee, in which the contractor has minimal responsibility for the performance costs and the negotiated fee (profit) is fixed.

There are three types of incentive contracts that provide for changes in profit/fee following an agreed-to formula-type incentive arrangement: the fixed-price incentive firm target (FPIF) and fixed-price incentive successive targets (FPIS) addressed above under Fixed Price Contract Types; and cost-plus-incentive-fee (CPIF). Defense Acquisition University; Tools Catalog; Sign In. Acquisition Tools and Resources Database. Recently Added. Most Used. Highly Rated. Feedback. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 (b) The contract types are grouped into two broad categories: fixed-price contracts (see subpart 16.2) and cost-reimbursement contracts (see subpart 16.3). The specific contract types range from firm-fixed-price, in which the contractor has full responsibility for the performance costs and resulting profit (or loss), to cost-plus-fixed-fee, in which the contractor has minimal responsibility for the performance costs and the negotiated fee (profit) is fixed. Contract Types Contract types vary according to -- (1) The degree and timing of the responsibility assumed by the contractor for the costs of performance; and (2) The amount and nature of the profit Types of Contracts Fred.Schlich@DAU.MIL. Created Date: Comparison of Major Contract Types Firm-Fixed-Price (FFP) 3 Fixed-Price Economic Price Adjustment No other type of contract is suitable (e.g., because costs are too low to justify Comparison of Major Contract Types Author: DAU User

(a) See DAU Tool Comparison of Major Contract Types Chart (Click Launch Tool ): AF PGI 5316.104 Factors In Selecting Contract Type. Refer to OUSD/DPAP 

Contract Types (Ordering Instruments) An Ordering Instrument is a contract type that has already been established. There are many type of ordering instruments available to contracting professionals. These contract types save time, money and resources. DAU “Comparison of Major Contract Types” – Jan 2014; Updated: 6/1/2018. The DAU guide for Assessing Mathematics – Business or Scientific provides a listing of types of math courses and how credit should be awarded. 24 Semester Credit Hour Requirement: For individuals with authority to award or administer contracts above the Simplified Acquisition Threshold, Contracting Series GS1102 positions and military The Government assumes the risks inherent in the contract -benefiting if the actual cost is lower than the expected co st-losing if the work cannot be completed within the expected cost of performance. Use When . . . Comparison of Major Contract Types Author: DAU User Severable Service Contract (Exception): Statutory provision (PL 105-85, Sec. 801 & Title 10,U.S.Code 2410a) allows funding a severable service contract/task beginning in one FY and ending in the next FY, all in the first year, if the contract period does not exceed 12 months (S-91) Contracting officers shall migrate time-and-material and labor-hour (T&M/LH) vehicles to other contract types, preferably a fixed- price arrangement, when the service becomes repetitive and more predictable in nature. (S-92) HCAs shall annually monitor their percentage of acquisition dollars being spent on T&M/LH contracts and orders. than contemplated by the Government. The selection of the contract type should give the contractor an incentive to perform efficiently and effectively. Thus, selecting the appropriate contract type affects the Government’s ability to obtain fair and reasonable prices. 410th CSB CONTRACTING BASICS. 410. th. COR Training. The information here is GENERIC…the key is to focus on what the COR NEEDS to know and what is important for them to APPLY to t\൨eir situation.\爀屲A BRIEF outline of contract authority and what a warrant is.

(S-91) Contracting officers shall migrate time-and-material and labor-hour (T&M/LH) vehicles to other contract types, preferably a fixed- price arrangement, when the service becomes repetitive and more predictable in nature. (S-92) HCAs shall annually monitor their percentage of acquisition dollars being spent on T&M/LH contracts and orders.

Defense Acquisition University; Tools Catalog; Sign In. Acquisition Tools and Resources Database. Recently Added. Most Used. Highly Rated. Feedback. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 (b) The contract types are grouped into two broad categories: fixed-price contracts (see subpart 16.2) and cost-reimbursement contracts (see subpart 16.3). The specific contract types range from firm-fixed-price, in which the contractor has full responsibility for the performance costs and resulting profit (or loss), to cost-plus-fixed-fee, in which the contractor has minimal responsibility for the performance costs and the negotiated fee (profit) is fixed. Contract Types Contract types vary according to -- (1) The degree and timing of the responsibility assumed by the contractor for the costs of performance; and (2) The amount and nature of the profit Types of Contracts Fred.Schlich@DAU.MIL. Created Date: Comparison of Major Contract Types Firm-Fixed-Price (FFP) 3 Fixed-Price Economic Price Adjustment No other type of contract is suitable (e.g., because costs are too low to justify Comparison of Major Contract Types Author: DAU User Contract Types (Ordering Instruments) An Ordering Instrument is a contract type that has already been established. There are many type of ordering instruments available to contracting professionals. These contract types save time, money and resources. DAU “Comparison of Major Contract Types” – Jan 2014; Updated: 6/1/2018. The DAU guide for Assessing Mathematics – Business or Scientific provides a listing of types of math courses and how credit should be awarded. 24 Semester Credit Hour Requirement: For individuals with authority to award or administer contracts above the Simplified Acquisition Threshold, Contracting Series GS1102 positions and military

2 Contract Types. Contract types vary according to --. (1) The degree and timing of the responsibility assumed by the contractor for the costs of performance; and (2) The amount and nature of the profit incentive offered to the contractor for achieving or exceeding specified standards or goals. Cost of Performance Profit or Fee.

While some in Congress and DoD have advocated for mandating one contract type or another, the contract type should be based on the specific conditions for each contract. The contracting officer, in partnership with the program manager when applicable, should explore all the available contract types and assess the pros/cons of each for what they’re trying to acquire. Contract Types John Cannaday Professor, Contract Management Defense Acquisition University - South April 26, 2017

than contemplated by the Government. The selection of the contract type should give the contractor an incentive to perform efficiently and effectively. Thus, selecting the appropriate contract type affects the Government’s ability to obtain fair and reasonable prices.

Thus, the contractor assumes all cost risk. Unstable market prices for labor or material over the life of the contract. Moderately uncertain contract labor  26 Apr 2017 The objective is to negotiate a contract type Cost Risk and Contract Type Chart https://acc.dau.mil/CommunityBrowser.aspx?id=462515  (a) See DAU Tool Comparison of Major Contract Types Chart (Click Launch Tool ): AF PGI 5316.104 Factors In Selecting Contract Type. Refer to OUSD/DPAP  20 Feb 2020 DAU App. Available Now! Tool Type. Analysis Tool. bolt Video thumbnail for DAU Provision and Clause Matrix How-to Video. 0:00. Off Air.

than contemplated by the Government. The selection of the contract type should give the contractor an incentive to perform efficiently and effectively. Thus, selecting the appropriate contract type affects the Government’s ability to obtain fair and reasonable prices. 410th CSB CONTRACTING BASICS. 410. th. COR Training. The information here is GENERIC…the key is to focus on what the COR NEEDS to know and what is important for them to APPLY to t\൨eir situation.\爀屲A BRIEF outline of contract authority and what a warrant is. The career field guides on this site represent the most current career field certification standards required of Defense Acquisition Workforce personnel depending on the career field/path and level (I, II, or III) assigned to the workforce member's acquisition position. It also represents the most current recommendations for continuing training