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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7 sections with “redeterminable contract”

  • FAR 15.408 Solicitation provisions and contract clauses.
    …inventory exists, the final costs established under fixed-price-incentive and fixed-price-redeterminable arrangements should be net of the fair market value of such inventory. In support of subcontract costs, submit a listing of all subcont…
  • FAR 32.501-3 Contract price.
    …act plus the not-to-exceed amount for any unpriced modifications. (2) If the contract is redeterminable or subject to economic price adjustment, the contract price is the initial price until modified. (3) Under a fixed-price incentive con…
  • FAR 32.503-11 Adjustments for price reduction.
    (a) If a retroactive downward price reduction occurs under a redeterminable contract that provides for progress payments, the contracting officer shall— (1) Determine the refund due and obtain repayment from the contractor for the excess o…
  • FAR 52.215-2 Audit and Records—Negotiation.
    …sts. If this is a cost-reimbursement, incentive, time-and-materials, labor-hour, or price redeterminable contract, or any combination of these, the Contractor shall maintain and the Contracting Officer, or an authorized representative of th…
  • FAR 15.403-4 Requiring certified cost or pricing data (10 U.S.C. chapter 271 and 41 U.S.C. chapter 35).
    …as termination settlements and total final price agreements for fixed-price incentive and redeterminable contracts) are contract modifications requiring certified cost or pricing data if— (A) The total final price agreement for such settle…
  • FAR 42.703-1 Policy.
    …tes shall be used in negotiating the final price of fixed-price incentive and fixed-price redeterminable contracts and in other situations requiring that indirect costs be settled before contract prices are established, unless the quick-clo…
  • FAR 31.204 Application of principles and procedures.
    …istent 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 with retroactive price redetermin…

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.