# Federal Acquisition Regulation; Contract Types for Commercial Item Acquisitions
> **US Department of Defense** · Final rule. · Published 2003-03-18 · Effective 2003-04-17 · 68 FR 13201
## Document
- **Document number:** 03-6372
- **Category:** other
- **Sub-agency:** US Department of Defense
- **Federal Register citation:** 68 FR 13201
- **CFR reference:** 48 CFR 12
- **Publication date:** 2003-03-18
- **Effective date:** 2003-04-17
- **DOD docket:** FAC 2001-13
## Abstract

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation (FAR) to clarify the use of award fees and performance or delivery incentives in firm-fixed-price contracts and fixed-price with economic price adjustment contracts. These changes are intended to clarify how award fees and performance or delivery incentives may be used in commercial item acquisitions where statute prohibits use of cost-type contracts and requires use of firm- fixed-price contracts and fixed-price contracts with economic price adjustment to the maximum extent practicable.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/03/18/03-6372/federal-acquisition-regulation-contract-types-for-commercial-item-acquisitions)
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