Sec. 867. Use of non-cost contracts to acquire commercial items
67 words·~1 min read·
/bill/114/s/2943/es/section-867·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2377 of title 10, United States Code, is amended by adding at the end the following new subsection: The Defense Supplement to the Federal Acquisition Regulation shall include, for acquisitions of commercial items— a requirement that firm fixed-price, fixed-price incentive, fixed-price with economic price adjustment, and other fixed-price type contracts be used to the maximum extent practicable; and a prohibition on use of cost-type contracts. .