CPFF CPIF CPAF FPI(F) FPAF FFP

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Presentation transcript:

CPFF CPIF CPAF FPI(F) FPAF FFP Greatest Cost Risk to the Contractor Greatest Cost Risk to the Government CPFF CPIF CPAF FPI(F) FPAF FFP Technical Risk Vague technical requirements; labor and material costs uncertain Technical requirements defined; fair and reasonable prices determinable Contractor Delivers “Best Effort” Contractor Delivers Acceptable Product

CPFF: Cost Plus Fixed Fee CPIF: Cost Plus Incentive Fee CPAF: Cost Plus Award Fee FPI(F): Fixed Price Incentive-Firm FPAF: Fixed Price Award Fee FFP: Firm Fixed Price