NASA 1852.216-83 Fixed Price Incentive. Basic (OCT 1996) (Current)

As prescribed in 1816.406-70(c), the contracting officer may insert a clause substantially as stated at 1852.216-83, Fixed Price Incentive, in fixed-price-incentive solicitations and contracts utilizing firm or successive targets. For items subject to incentive price revision, identify the target cost, target profit, target price, and ceiling price for each item.


The target cost of this contract is $ . The Target profit of this contract is $ . The target price (target cost plus target profit) of this contract is $ . [The ceiling price is $ .]

The cost sharing for target cost underruns is:

Government ____percent Contractor ____percent.

The cost sharing for target cost overruns is:

Government ____percent Contractor ____percent.

(End of clause)

Subcontractor ✖ C/R ✖ Time and Materials ✖ FFP ✖ 

Working with a set of FAR clauses from an RFP or contract?

Try pasting them into our tool to instantly generate a risk profile, including the basic flow down recommendation.


Works best with Chrome and Edge browsers!