FAR Part 16 covers contract types: fixed-price (FFP, FPI, FPAF), cost-reimbursement (CPFF, CPIF, CPAF), incentive, T&M, and labor hour. Selection depends on risk allocation, requirement definition, and cost certainty.
is a regulation concept federal contractors and grant writers run into across solicitations, regulations, and award filings
FAR Part 16 is part of the federal regulatory framework that governs procurement, performance, or compliance. For contractors, FAR Part 16 is not just background — it shapes solicitation language, evaluation criteria, source-selection authority, and what counts as compliant performance. Understanding when FAR Part 16 applies and (more importantly) when it doesn't apply is the difference between a proposal that's competitive within its actual constraint set and one that over-engineers compliance. Contracting officers use FAR Part 16 as common vocabulary, so reading their decisions, modifications, and source-selection memoranda gets easier when the regulation is in your working memory. Pair FAR Part 16 with the related terms above to see how it interacts with adjacent regulatory mechanisms.
Search active federal contracts and solicitations related to FAR Part 16 on Bureauify.
100M+ government records · 110+ gov/news sources · Synced from live federal sources