DFARS 216.104 Factors in selecting contract type.

In plain English

This section tells contracting officers to follow the principles and procedures in a specific Defense Procurement and Acquisition Policy memorandum dated April 1, 2016, titled "Guidance on Using Incentive and Other Contract Types," when choosing and negotiating the most appropriate contract type. It matters to contractors because the contract type selected for a procurement will be guided by that memorandum, which can affect how incentives and risk are structured. It also points to PGI 216.104 for additional information.

Applies to: Contracting officers selecting and negotiating contract types for defense procurements

What it requires

• Follow the principles and procedures in the Director, Defense Procurement and Acquisition Policy memorandum dated April 1, 2016, entitled "Guidance on Using Incentive and Other Contract Types" when selecting and negotiating the most appropriate contract type.

Key terms: contract type · incentive contract types · Director, Defense Procurement and Acquisition Policy · PGI 216.104

Written by AI from this section's text. A guide, not legal advice: the text below rules.