48 CFR · Federal Acquisition Regulation and Defense supplement

FAR and DFARS navigator

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.

Ask the FAR

Try: · · ·

Clear

15 sections with “performance targets”

  • FAR 16.402-2 Performance incentives.
    (a) Performance incentives may be considered in connection with specific product characteristics (e.g., a missile range, an aircraft speed, an engine thrust, or a vehicle maneuverability) or other specific elements of the contractor's perfo…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …es performed and to be performed. (ii) A detailed statement of all costs incurred in the performance of this contract through the end of the month specified above, in the format of Table 15-2, FAR 15.408 (or in any other form on which the …
  • DFARS 215.404-71-2 Performance risk.
    …irements. The factor consists of two parts: (1) Technical—the technical uncertainties of performance. (2) Management/cost control—the degree of management effort necessary— (i) To ensure that contract requirements are met; and (ii) To r…
  • FAR 16.401 General.
    …be acquired at lower costs and, in certain instances, with improved delivery or technical performance, by relating the amount of profit or fee payable under the contract to the contractor's performance. Incentive contracts are designed to o…
  • FAR 16.403-2 Fixed-price incentive (successive targets) contracts.
    … that additional reliable information will be available at an early point in the contract performance so as to permit negotiation of either (i) a firm fixed price or (ii) firm targets and a formula for establishing final profit and price th…
  • FAR 52.248-1 Value Engineering.
    …stablished. Instant unit cost reduction means the amount of the decrease in unit cost of performance (without deducting any Contractor's development or implementation costs) resulting from using the VECP on this, the instant contract. If t…
  • FAR 11.002 Policy.
    … an acquisition of supplies or services in terms of— (A) Functions to be performed; (B) Performance required; or (C) Essential physical characteristics; (ii) Define requirements in terms that enable and encourage offerors to supply comm…
  • FAR 16.403 Fixed-price incentive contracts.
    …st responsibility will provide a positive profit incentive for effective cost control and performance; and (3) If the contract also includes incentives on technical performance and/or delivery, the performance requirements provide a reason…
  • DFARS 216.405-2 Cost-plus-award-fee contracts.
    …priately distributed over all evaluation periods to incentivize the contractor throughout performance of the contract. The percentage of award fee available for the final evaluation may be set below 40 percent if the contracting officer det…
  • FAR 32.503-9 Liquidation rates—alternate method.
    … liquidation rate determined under 32.503-8 shall apply throughout the period of contract performance unless the contracting officer adjusts the liquidation rate under the alternate method in this 32.503-9. The objective of the alternate li…
  • FAR 48.105 Relationship to other incentives.
    …its of an accepted VECP should not be rewarded both as value engineering shares and under performance, design-to-cost, or similar incentives of the contract. To that end, when performance, design-to-cost, or similar targets are set and ince…
  • FAR 16.403-1 Fixed-price incentive (firm target) contracts.
    …or, except for any adjustment under other contract clauses. When the contractor completes performance, the parties negotiate the final cost, and the final price is established by applying the formula. When the final cost is less than the ta…
  • FAR 52.215-9 Changes or Additions to Make-or-Buy Program.
    …) submit justification in sufficient detail to permit evaluation. Changes in the place of performance of any “make” items in the program are subject to this requirement. (b) For items deferred at the time of negotiation of this contract fo…
  • FAR 52.219-18 Notification of Competition Limited to Eligible 8(a) Participants.
    …is solicitation will be made to the Small Business Administration, which will subcontract performance to the successful 8(a) offeror selected through the evaluation criteria set forth in this solicitation. A contracting officer may consider…
  • DFARS 215.407-4 Should-cost review.
    …. (D) An analysis of supply chain management to encourage competition and incentive cost performance at lower tiers. (E) A review of how to restructure the program (Government and contractor) team in a streamlined manner, if necessary. (…

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.