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Time-and-Materials Government Contracts & Federal Records
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Explore all federal records for Time-and-Materials — contracts, grants, spending, research, and more. Refreshed every 30 minutes from official sources.
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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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.
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Bureauify. (2026). Time-and-Materials — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/time-and-materials
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