View all text of Subpart 16.3 [16.301 - 16.307]
16.302 - 16.302 Cost contracts.
(a) Description. A cost contract is a cost-reimbursement contract in which the contractor receives no fee.
(b) Application. A cost contract may be appropriate for research and development work, particularly with nonprofit educational institutions or other nonprofit organizations.
(c) Limitations. See 16.301-3.