Federal Procurement
Search Time-and-Materials government contracts, grants, and federal opportunities.
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A glossary tracked by Bureauify. See sources and related records below.
Time-and-Materials Government Contracts & Federal Records
Explore all federal records for Time-and-Materials — contracts, grants, spending, research, and more.
Provides for acquiring supplies or services on the basis of direct labor hours at specified fixed hourly rates that include wages, overhead, general and administrative expenses, and profit, plus actual cost for materials.
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Ask about T&MTime & Materials
FAR 16.601
Used only when it is not possible to estimate the extent or duration of the work or to anticipate costs with any reasonable degree of confidence. Requires a determination and findings (D&F) that no other contract type is suitable.
Advantages: Flexibility when scope is undefined, straightforward labor pricing. Disadvantages: No incentive for cost control, government bears risk of cost overruns, requires surveillance.
Get notified when usage of Time-and-Materials changes in contracts or guidance.
Bureauify. (2026). Time-and-Materials — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/time-and-materials
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