What Are The DIFFERENT Types of Contracts Used In Government Contracting

<p>To become a Government Contractor, you need to become familiar with the different types of contracts used by the Federal Government.  In this video, I will discuss the most popular contract types.  However, the list is not all-inclusive.  Here is the list of contract types covered:</p> <ul> <li>Firm-Fixed Price Contracts (FFP) - FAR <a href= "https://www.acquisition.gov/far/part-16#FAR_16_202">Part 16.2</a> <a href= "https://www.acquisition.gov/dfars/subpart-216.2-%E2%80%94fixed-price-contracts"> DFARS 216.2</a></li> <li>Cost-Reimbursement & Cost-Plus Contracts - <a href= "http://farsite.hill.af.mil/vmfara.htm">FAR Part 16.3</a>    <a href= "https://www.acq.osd.mil/dpap/dars/dfars/html/current/216_3.htm">DFARS 216.3</a></li> <li>Time & Material Contracts - <a href= "http://farsite.hill.af.mil/vmfara.htm">FAR Part 16.6</a></li> <li>Indefinite Delivery/Indefinite Quantity Contracts (IDIQ) - <a href="http://farsite.hill.af.mil/vmfara.htm">FAR Part 16.5</a></li> <li>Cost Plus Incentive Fee Contract - FAR Subpart 16.301-3</li> </ul> <p> </p> <p>Enjoy the episode!!!</p>