Chapter 26: Project Types

26.1Project Stages3
26.2Project Contract Types7
26.2.1Fixed Price (FP) Contract7
26.2.1.1Fixed Price Contract (FP, or Lump Sum, Firm Fixed Price)7
26.2.1.2Fixed Price Incentive Fee (FPIF)10
26.2.1.4Fixed Price Economic Price Adjustment Contract11
26.2.2Time & Material (T & M) Type Contract11
26.2.3Cost-Reimbursable (CR) Contract11
26.2.3.1Cost Contract11
26.2.3.2Cost Plus Fee (CPF) or Cost Plus Percentage of Costs (CPPC)11
26.2.3.3Cost Plus Fixed Fee (CPFF)12
26.2.3.4Cost Plus Incentive Fee12
26.2.3.5Cost Plus Award Fee (CPAF)12