Cost Risk in Contracts Point of Total Assumption The total cost on a Fixed Price Incentive Fee (FPIF) contract, above which the seller bears all cost overruns The point at which a Fixed Price Incentive Fee (FPIF) contract becomes a Firm Fixed Price (FFP) contract Read the 5-part series o...
of types of types Contracts under FAR 13 would use FFP, if Contracts under FAR 13 would use FFP, if determined to be commercial items and any determined to be commercial items and any contract type if non contract type if non--commercial commercial 11 Primary Contract Types “There are 2 ...