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e-CFR data is current as of February 25, 2021 |
Title 48 → Chapter 1 → Subchapter C → Part 16 → Subpart 16.3 → §16.303 |
Title 48: Federal Acquisition Regulations System
PART 16—TYPES OF CONTRACTS
Subpart 16.3—Cost-Reimbursement Contracts
16.303 Cost-sharing contracts.
(a) Description. A cost-sharing contract is a cost-reimbursement contract in which the contractor receives no fee and is reimbursed only for an agreed-upon portion of its allowable costs.
(b) Application. A cost-sharing contract may be used when the contractor agrees to absorb a portion of the costs, in the expectation of substantial compensating benefits.
(c) Limitations. See 16.301-3.