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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18 sections with “ceiling prices”

  • FAR 14.408-4 Economic price adjustment.
    …ion does not contain an economic price adjustment clause but a bidder proposes one with a ceiling that the price will not exceed, the bid shall be evaluated on the basis of the maximum possible economic price adjustment of the quoted base p…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …placement or correction, and if the replacement or correction can be performed within the ceiling price (or the ceiling price as increased by the Government), the Government may— (A) By contract or otherwise, perform the replacement or cor…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …he total cost to the Government for the performance of this contract shall not exceed the ceiling price set forth in the Schedule, and the Contractor agrees to use its best efforts to perform the work specified in the Schedule and all oblig…
  • FAR 30.606 Resolving cost impacts.
    …acting officers, increase or decrease individual contract prices, including contract cost ceilings or target costs on flexibly-priced contracts. In such cases, the CFAO shall limit any upward contract price adjustments on affected contracts…
  • DFARS 216.403-1 Fixed-price incentive (firm target) contracts.
    …roduction. (2) The contracting officer shall pay particular attention to share lines and ceiling prices for fixed-price incentive (firm target) contracts, with a 120 percent ceiling and a 50/50 share ratio as the point of departure for est…
  • DFARS 252.232-7007 Limitation of Government's obligation.
    …djustment will be made in the price or prices (including appropriate target, billing, and ceiling prices where applicable) of the item(s), or in the time of delivery, or both. Failure to agree to any such equitable adjustment hereunder will…
  • FAR 8.404 Use of Federal Supply Schedules.
    …raph (h)(3)(iii) of this section that a fixed-price order is not suitable; (B) Include a ceiling price in the order that the contractor exceeds at its own risk; and (C) When the total performance period, including options, is more than th…
  • FAR 12.207 Contract type.
    …cts), that no other contract type authorized by this subpart is suitable; (B) Includes a ceiling price in the contract or order that the contractor exceeds at its own risk; and (C) Prior to increasing the ceiling price of a time-and-mater…
  • FAR 16.403 Fixed-price incentive contracts.
    …f total final negotiated cost to total target cost. The final price is subject to a price ceiling, negotiated at the outset. The two forms of fixed-price incentive contracts, firm target and successive targets, are further described in 16.4…
  • FAR 17.106-3 Special procedures applicable to DoD, NASA, and the Coast Guard.
    …economic price adjustment, or fixed-price incentive. (e) Recurring costs in cancellation ceiling. The inclusion of recurring costs in cancellation ceilings is an exception to normal contract financing arrangements and requires approval by …
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    … clause; provided, that in no event shall the total final price of these items exceed the ceiling price of ___ dollars ($___). Any supplies or services that are to be (1) ordered separately under, or otherwise added to, this contract and (2…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    … clause; provided, that in no event shall the total final price of these items exceed the ceiling price of ___ dollars ($___). The prices of these items shown in the Schedule are the initial target prices, which include an initial target pr…
  • FAR 52.230-6 Administration of Cost Accounting Standards.
    …d cost accumulations are the basis for increasing contract prices, target prices and cost ceilings; and (ii) Estimated decreased cost accumulations are the basis for decreasing contract prices, target prices and cost ceilings. (g) For any…
  • FAR 52.248-1 Value Engineering.
    …ive instant contract savings shall be added to the target cost or to the target price and ceiling price, and the amount shall be offset against concurrent and future contract savings. (4) If the Government does not receive and accept all i…
  • FAR 16.703 Basic ordering agreements.
    …sic ordering agreement until prices have been established, unless the order establishes a ceiling price limiting the Government's obligation and either— (i) The basic ordering agreement provides adequate procedures for timely pricing of th…
  • FAR 52.216-5 Price Redetermination—Prospective.
    …main fixed and (2) in no event shall the total amount paid under this contract exceed any ceiling price included in the contract. (b) Definition. Costs, as used in this clause, means allowable costs in accordance with part 31 of the Federa…
  • FAR 52.216-6 Price Redetermination—Retroactive.
    … event shall the total amount paid under this contract exceed __ [insert dollar amount of ceiling price]. (b) Definition. Costs, as used in this clause, means allowable costs in accordance with part 31 of the Federal Acquisition Regulation…
  • FAR 52.246-2 Inspection of Supplies—Fixed-Price.
    …established, the total final price of this contract. Alternate II (JUL 1985). If a fixed-ceiling-price contract with retroactive price redetermination is contemplated, substitute paragraphs (g), (h), and (l) below for paragraphs (g), (h), …

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.