Regulations last checked for updates: May 01, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025
216.403-2 - 216.403-2 Fixed-price incentive (successive targets) contracts.

See PGI 216.403-2 for guidance on the use of fixed-price incentive (successive targets) contracts.

[71 FR 39007, July 11, 2006]
authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36340, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 216.403-2