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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12 sections with “prospective 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 16.205 Fixed-price contracts with prospective price redetermination.
  • FAR 15.408 Solicitation provisions and contract clauses.
    …organizations (see subpart 31.2). (i) Waiver of Facilities Capital Cost of Money. If the prospective contractor does not propose facilities capital cost of money in its offer, the contracting officer shall insert the clause at 52.215-17, W…
  • 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,…
  • DFARS 215.404-71-3 Contract type risk and working capital adjustment.
    …ks 24a and 24b and insert the totals in Block 24c. (4) Only complete this block when the prospective contract is a fixed-price contract containing provisions for progress payments. (5) Insert the amount computed per paragraph (e) of this …
  • 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 16.205-3 Limitations.
    …; (b) The contractor's accounting system is adequate for price redetermination; (c) The prospective pricing periods can be made to conform with operation of the contractor's accounting system; and (d) There is reasonable assurance that p…
  • FAR 16.205-4 Contract clause.
    …ll, 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 and 16.205-3(a) throu…
  • FAR 31.204 Application of principles and procedures.
    …(ii) Fixed-price incentive. (iii) Price redeterminable (i.e., fixed-price contracts with prospective price redetermination and fixed-ceiling-price contracts with retroactive price redetermination). (2) The requirements of paragraph (b)(1)…
  • FAR 32.503-9 Liquidation rates—alternate method.
    … (ii) A redetermined price involves a change in the profit element under a contract with prospective price redetermination at stated intervals. (c) Whenever the liquidation rate is changed, the contracting officer shall issue a contract m…
  • FAR 48.001 Definitions.
    … does not include quantities funded after VECP acceptance. In a fixed-price contract with prospective price redetermination, the term refers to the period for which firm prices have been established. Instant unit cost reduction means the a…
  • FAR 52.248-1 Value Engineering.
    … quantities funded after VECP acceptance. If this contract is a fixed-price contract with prospective price redetermination, the term refers to the period for which firm prices have been established. Instant unit cost reduction means the a…

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.