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FAR 16.302

Cost contracts.

(a) Description. A cost contract is a cost-reimbursement contract in which the contractor receives no fee. (b) Application . A cost contract may be appropriate for research and development work, particularly with nonprofit educational institutions or other nonprofit organizations. (c) Limitations . See 16.301-3 .

Source: acquisition.gov — FAR

← 16.301-316.303 →

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Previous part: FAR 15 — Contracting by NegotiationNext part: FAR 17 — Special Contracting MethodsDFARS counterpart: 216 — Types of Contracts

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