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48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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28 sections with “Price redetermination”

  • FAR 52.216-5 Price Redetermination—Prospective.
    As prescribed in 16.205-4, insert the following clause: Price Redetermination—Prospective (JAN 2022) (a) General. The unit prices and the total price stated in this contract shall be periodically redetermined in accordance with this claus…
  • FAR 52.216-6 Price Redetermination—Retroactive.
    As prescribed in 16.206-4, insert the following clause: Price Redetermination—Retroactive (JAN 2022) (a) General. The unit price and the total price stated in this contract shall be redetermined in accordance with this clause, but in no e…
  • FAR 16.205 Fixed-price contracts with prospective price redetermination.
  • FAR 16.206 Fixed-ceiling-price contracts with retroactive price redetermination.
  • FAR 46.302 Fixed-price supply contracts.
    The contracting officer shall insert the clause at 52.246-2, Inspection of Supplies—Fixed-Price, in solicitations and contracts for supplies, or services that involve the furnishing of supplies, when a fixed-price contract is contemplated a…
  • FAR 52.246-2 Inspection of Supplies—Fixed-Price.
    As prescribed in 46.302, insert the following clause: Inspection of Supplies—Fixed-Price (AUG 1996) (a) Definition. Supplies, as used in this clause, includes but is not limited to raw materials, components, intermediate assemblies, end p…
  • FAR 16.103 Negotiating contract type.
    …nd requires the exercise of sound judgment. Negotiating the contract type and negotiating prices are closely related and should be considered together. The objective is to negotiate a contract type and price (or estimated cost and fee) that…
  • FAR 16.104 Factors in selecting contract types.
    …consider in selecting and negotiating the contract type. They include the following: (a) Price competition. Normally, effective price competition results in realistic pricing, and a fixed-price contract is ordinarily in the Government's in…
  • FAR 16.205-2 Application.
    A 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 reasonable firm fixed price for an initial period, but not for sub…
  • FAR 16.206-2 Application.
    A fixed-ceiling-price contract with retroactive price redetermination is appropriate for research and development contracts estimated at the simplified acquisition threshold or less when it is established at the outset that a fair and reaso…
  • FAR 31.103 Contracts with commercial organizations.
    …i) the cost-reimbursement portion of time-and-materials contracts except when material is priced on a basis other than at cost (see 16.601(c)(3)); (2) Negotiating indirect cost rates (see subpart 42.7); (3) Proposing, negotiating, or dete…
  • FAR 31.204 Application of principles and procedures.
    …he subcontractor that are consistent with this part: (i) Cost-reimbursement. (ii) Fixed-price incentive. (iii) Price redeterminable (i.e., fixed-price contracts with prospective price redetermination and fixed-ceiling-price contracts wit…
  • FAR 32.503-9 Liquidation rates—alternate method.
    …te method is to permit the contractor to retain the earned profit element of the contract prices for completed items in the liquidation process. The contracting officer may reduce the liquidation rate if— (1) The contractor requests a redu…
  • FAR 32.601 General.
    …act. (b) Contract debts include, but are not limited to, the following: (1) Billing and price reductions resulting from contract terms for price redetermination or for determination of prices under incentive type contracts. (2) Price or …
  • FAR 48.001 Definitions.
    …nd implementation costs; (2) Concurrent contract savings, that are net reductions in the prices of other contracts that are definitized and ongoing at the time the VECP is accepted; and (3) Future contract savings, that are the product of…
  • FAR 52.232-12 Advance Payments.
    …ce payments, unpaid interest charges, and other payments exceed _ percent of the contract price, the Government shall withhold further payments to the Contractor. On completion or termination of the contract, the Government shall deduct fro…
  • FAR 52.248-1 Value Engineering.
    …d implementation costs; (2) Concurrent contract savings, which are net reductions in the prices of other contracts that are definitized and ongoing at the time the VECP is accepted; and (3) Future contract savings, which are the product o…
  • FAR 16.205-1 Description.
    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,…
  • FAR 16.205-3 Limitations.
    …nless— (a) Negotiations have established that (1) the conditions for use of a firm-fixed-price contract are not present (see 16.202-2), and (2) a fixed-price incentive contract would not be more appropriate; (b) The contractor's accountin…
  • FAR 16.206-1 Description.
    A fixed-ceiling-price contract with retroactive price redetermination provides for (a) a fixed ceiling price and (b) retroactive price redetermination within the ceiling after completion of the contract.
  • FAR 15.408 Solicitation provisions and contract clauses.
    …alue, the contracting officer shall use the clause with— (1) Its Alternate I, if a fixed-price incentive contract is contemplated; or (2) Its Alternate II, if a cost-plus-incentive-fee contract is contemplated. (b) Price Reduction for De…
  • DFARS 215.404-71-3 Contract type risk and working capital adjustment.
    …adjustment added to the profit objective for contract type risk. It only applies to fixed-price contracts that provide for progress payments. Though it uses a formula approach, it is not intended to be an exact calculation of the cost of wo…
  • FAR 16.205-4 Contract clause.
    …ontracting officer shall, when contracting by negotiation, insert the clause at 52.216-5, Price Redetermination—Prospective, in solicitations and contracts when a fixed-price contract is contemplated and the conditions specified in 16.205-2…
  • FAR 16.206-3 Limitations.
    …ed acquisition threshold or less; (b) The contractor's accounting system is adequate for price redetermination; (c) There is reasonable assurance that the price redetermination will take place promptly at the specified time; and (d) The …
  • FAR 16.206-4 Contract clause.
    …ontracting 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 16.20…
  • FAR 42.802 Contract clause.
    …isallow Costs, in solicitations and contracts when a cost-reimbursement contract, a fixed-price incentive contract, or a contract providing for price redetermination is contemplated.
  • FAR 52.242-1 Notice of Intent To Disallow Costs.
    …llowing clause in solicitations and contracts when a cost-reimbursement contract, a fixed-price incentive contract, or a contract providing for price redetermination is contemplated: Notice of Intent To Disallow Costs (APR 1984) (a) Notwi…
  • DFARS 227.674 Supply contracts between the Government and a foreign government or concern.
    In negotiating contract prices with a second source, including the redetermination of contract prices, or in determining the allowability of costs under a cost-reimbursement contract with a second source, the contracting officer: (a) Shall…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.