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Federal Procurement

Fixed-Price Retroactive Price Redetermination

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Fixed-Price Retroactive Price Redetermination

Glossary

A glossary tracked by Bureauify. See sources and related records below.

Source: Bureauify entity summary
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FP-RPR — FAR 16.206

Fixed-Price Retroactive Price Redetermination Government Contracts & Federal Records

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Why does FP-RPR: Fixed-Price Retroactive Price Redetermination matter?

Provides for a ceiling price and retroactive price redetermination after completion based on actual costs. Limited to contracts where the ceiling price does not exceed $150,000 and the contract duration is short.

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Category

Fixed-Price

FAR Reference

FAR 16.206

Contractor Risk

Low

When to Use FP-RPR

Only appropriate for research and development contracts with estimated costs of $150,000 or less when it is established at the outset that a fair and reasonable firm fixed price cannot be negotiated.

Advantages and Disadvantages

Advantages: Fair pricing when costs truly cannot be estimated upfront. Disadvantages: Limited to small contracts, low contractor incentive for cost control, requires cost audit.

Other Fixed-Price Types

Firm-Fixed-PriceFFPFixed-Price with Economic Price AdjustmentFP-EPAFixed-Price Incentive (Firm Target)FPIFixed-Price Incentive (Successive Targets)FPIFFixed-Price Level of EffortFP-LOEFixed-Price Award FeeFP-AFFixed-Price Prospective Price RedeterminationFP-PP

Other Contract Types

Cost-Plus-Fixed-FeeCPFFCost-Plus-Incentive-FeeCPIFCost-Plus-Award-FeeCPAFCost (No Fee)CRCost-SharingCSTime-and-MaterialsT&M

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Frequently Asked Questions

How do I track new opportunities for Fixed-Price Retroactive Price Redetermination?
Create a free Bureauify account to save this search, set up email alerts for new postings, and track deadlines. All data is sourced from SAM.gov, USAspending, FPDS, and Grants.gov.
How often is this data updated?
Each source is refreshed on its own schedule — SAM.gov and USAspending daily or more often, FPDS and Grants.gov on their publication cadence. Every page shows the last refresh for its records.
Cite this page
Bureauify. (2026). Fixed-Price Retroactive Price Redetermination — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/fixed-price-retroactive-price-redetermination

Data Methodology

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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.

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