Fixed-price service contracts.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Fixed-price service contracts. 46.304 Section 46.304 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACT MANAGEMENT QUALITY ASSURANCE Contract Clauses 46.304 Fixed-price service contracts. The contracting officer shall insert the clause at 52.246–4, Inspection of Services—Fixed-Price, in solicitations and contracts for services, or supplies that involve the furnishing of services, when a fixed-price contract is contemplated and the contract amount is expected to exceed the simplified acquisition threshold. The contracting officer may insert the clause in such solicitations and contracts when the contract amount is expected to be at or below the simplified acquisition threshold and inclusion is in the Government's interest. [48 FR 42415, Sept. 19, 1983, as amended at 60 FR 34760, July 3, 1995]