Types of contracts

  1. Fixed-price contracts. (Lump sum contract)
  2. Firm Fixed Price Contracts (FFP).
  3. Fixed Price Incentive Fee Contracts (FPIF).
  4. Fixed Price with Economic Price Adjustment Contracts (FP-EPA).
  5. Cost-reimbursable contracts. (Cost plus contract)
  6. Cost Plus Fixed Fee Contracts (CPFF).
  7. Cost Plus Incentive Fee Contracts (CPIF).
  8. Cost Plus Award Fee Contracts (CPAF).