CHAPTER 2

Contracting Methods and Contract Types: Pricing Implications

This chapter will briefly review the major contracting methods and the broad categories of contract types used by the government. The subjects will be covered primarily from a pricing standpoint. We will not attempt to cover all aspects of these subjects in this text; however, this chapter should suffice to bring those readers without prior experience to essentially the same level as more experienced readers.

Those readers who desire to learn in more detail about contracting methods should refer to additional texts on basic acquisition or types of contracts. FAR Parts 12, 13, 14, and 15, respectively, provide detail on acquisition of commercial items, simplified acquisition ...

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