216.401 General.
FederalRegulations
Ask Donna
How this section applies to your facts.
Title 48—Federal Acquisition Regulations System > CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE > SUBCHAPTER C—CONTRACTING METHODS AND CONTRACT TYPES > PART 216—TYPES OF CONTRACTS > Subpart 216.4—Incentive Contracts
Text
(c) See PGI 216.401(c) for information on the Defense Acquisition University Award and Incentive Fees Community of Practice.
(d) The determination and findings justifying that the use of an incentive- or award-fee contract is in the best interest of the Government, may be signed by the head of contracting activity or a designee—
(i) No lower than one level below the head of the contracting activity for award-fee contracts; or
(ii) One level above the contracting officer for incentive-fee contracts.
(e) Award-fee plans required in FAR 16.401(e) shall be incorporated into all award-fee type contracts. Follow the procedures at PGI 216.401(e) when planning to award an award-fee contract.
[75 FR 78619, Dec. 16, 2010, as amended at 76 FR 8305, Feb. 14, 2011, 84 FR 65307, Nov. 27, 2019; 87 FR 65513, Oct. 28, 2022]
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.