The Nancy Byerly Show

What Are The DIFFERENT Types of Contracts Used In Government Contracting


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To become a Government Contractor, you need to become familiar with the different types of contracts used by the Federal Government.  In this video, I will discuss the most popular contract types.  However, the list is not all-inclusive.  Here is the list of contract types covered:

  • Firm-Fixed Price Contracts (FFP) - FAR Part 16.2 DFARS 216.2
  • Cost-Reimbursement & Cost-Plus Contracts - FAR Part 16.3    DFARS 216.3
  • Time & Material Contracts - FAR Part 16.6
  • Indefinite Delivery/Indefinite Quantity Contracts (IDIQ) - FAR Part 16.5
  • Cost Plus Incentive Fee Contract - FAR Subpart 16.301-3

 

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The Nancy Byerly ShowBy Nancy Byerly