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fixed price incentive contract

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A fixed price type of contract with provision for the adjustment of profit and price by a formula based on the relationship that final negotiated total cost bears to negotiated target cost as adjusted by approved changes.
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In these cases the program manager will conduct a business case that includes rationale for why a cost or fixed price incentive contract was not an appropriate contracting vehicle.
Subject: Revision to DoD Earned Value Management Policy by Wynne, Michael W. / Defense AT & L
United States that research performed pursuant to a fixed price incentive contract with the federal government was not funded for purposes of the research tax credit.
Research credit redux: Federal Circuit brings the research credit ... by Grigsby, McGee / Tax Executive
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