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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4 sections with “profit or fee prenegotiation objective”

  • FAR 15.404-4 Profit.
    (a) General. This subsection prescribes policies for establishing the profit or fee portion of the Government prenegotiation objective in price negotiations based on cost analysis. (1) Profit or fee prenegotiation objectives do not necessa…
  • DFARS 215.404-4 Profit.
    … (1) Contracting officers shall use a structured approach for developing a prenegotiation profit or fee objective on any negotiated contract action when certified cost or pricing data is obtained, except for cost-plus-award-fee contracts (s…
  • FAR 15.406-1 Prenegotiation objectives.
    … officer shall document the pertinent issues to be negotiated, the cost objectives, and a profit or fee objective.
  • FAR 15.406-3 Documenting the negotiation.
    …ng the award and review process for the instant contract action). (10) The basis for the profit or fee prenegotiation objective and the profit or fee negotiated. (11) Documentation of fair and reasonable pricing. (b) Whenever field prici…

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.