Federal activity overview — Fixed-Price Prospective Price Redetermination
Federal Procurement
Search Fixed-Price Prospective Price Redetermination government contracts, grants, and federal opportunities.
100M+ government records · 110+ gov/news sources · Sourced from official federal systems
100M+ records · 110+ sources
A glossary tracked by Bureauify. See sources and related records below.
Fixed-Price Prospective Price Redetermination Government Contracts & Federal Records
Explore all federal records for Fixed-Price Prospective Price Redetermination — contracts, grants, spending, research, and more.
Provides for a firm fixed price for an initial period and prospective redetermination of the price for subsequent periods based on updated cost data. The initial period must be the longest period for which fair and reasonable pricing can be negotiated.
Have a specific question about FP-PP? Ask in plain English — Bureauify will draw on the records on this page to answer.
Ask about FP-PPFixed-Price
FAR 16.205
Used in quantity production or services contracts when it is possible to negotiate a fair price for initial periods but not for subsequent periods. Typically used for multi-year production runs.
Advantages: Enables long-term contracts when full pricing is uncertain, prices adjust to actual conditions. Disadvantages: Price negotiation at each redetermination point, potential for disagreement.
Get notified when usage of Fixed-Price Prospective Price Redetermination changes in contracts or guidance.
Bureauify. (2026). Fixed-Price Prospective Price Redetermination — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/fixed-price-prospective-price-redetermination
Primary: Federal Acquisition Glossary, GSA Reference. Supplemented by 110+ federal data feeds including GAO, IG reports, Federal Register, and agency forecasts.
Records are normalized, deduplicated, and enriched with NAICS descriptions, agency hierarchies, and set-aside classifications. Semantic embeddings enable concept-based search beyond keyword matching.
Data is sourced from official federal systems and refreshed regularly. Verify critical details on the originating agency website before making business decisions.
This glossary page aggregates data across all indexed federal sources.