Acquisition & Contracting
What Does FFP Stand For?
Firm Fixed Price
Definition
A contract type where the price is not subject to adjustment. The contractor bears full cost risk.
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→Explore Firm Fixed Price on BureauifyRelated Acronyms in Acquisition & Contracting
RFPRequest for ProposalRFQRequest for QuotationRFIRequest for InformationSOWStatement of WorkPWSPerformance Work StatementSOOStatement of ObjectivesLPTALowest Price Technically AcceptableIDIQIndefinite Delivery/Indefinite QuantityBPABlanket Purchase AgreementGWACGovernment-Wide Acquisition ContractMACMultiple Award ContractCPFFCost Plus Fixed FeeT&MTime and MaterialsCOContracting OfficerCORContracting Officer RepresentativeKOContracting Officer (alternate)COTRContracting Officer Technical RepresentativeMASMultiple Award ScheduleOASISOne Acquisition Solution for Integrated ServicesSEWPSolutions for Enterprise-Wide Procurement
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