FAR and DFARS › DFARS Part 216: Types of Contracts › Subpart 216.4

DFARS 216.403-2 Fixed-price incentive (successive targets) contracts.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

The text

See PGI 216.403-2 for guidance on the use of fixed-price incentive (successive targets) contracts.

← 216.403-1 Fixed-price incentive (firm target) contracts. · 216.405 Cost-reimbursement incentive contracts. →

Rule changes for DFARS Part 216

Defense Federal Acquisition Regulation Supplement: Inflation Adjustment of Acquisition-Related Thresholds (DFARS Case 2024-D002) ↗ · final rule 2025-08-25 · effective 2025-10-01
Defense Federal Acquisition Regulation Supplement: Inflation Adjustment of Acquisition-Related Thresholds (DFARS Case 2024-D002) ↗ · proposed 2025-01-17 · comments due 2025-03-18
Defense Federal Acquisition Regulation Supplement: Task Order and Delivery Order Contracting for Architectural and Engineering Services (DFARS Case 2023-D007) ↗ · final rule 2024-12-18 · effective 2024-12-18
Defense Federal Acquisition Regulation Supplement: Task Order and Delivery Order Contracting for Architectural and Engineering Services (DFARS Case 2023-D007) ↗ · proposed 2024-07-29 · comments due 2024-09-27

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.