There are many types of government contracts.  Today we will discuss the most common types of contracts that the federal government uses.

Types of Contracts

-Firm Fixed Price (FFP) FAR Part 16.2

-Cost-Reimbursement and Cost-Plus Contracts FAR Part 16.3

-Time and Materials Contracts Far Part 16.6

-Indefinite Delivery/Indefinite Quantity Contracts (IDIQ)FAR Part 16.5

-Sealed Bidding Contracts FAR Part 14

-Negotiated Contracts FAR Part 15

-Simplified Acquisition Threshold (SAT) FAR Part 13

 

 

Websites:

 

Federal Acquisition Regulation: http://farsite.hill.af.mil/

Federal Contracting Made Easy: https://www.federalcontractingmadeeasy.com

Byerly Enterprises:  https://www.byerlyenterprises.com

Contact Nancy:  [email protected]