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The Network Contracting Office 16 intends to solicit and award a firmfixed price contract for Supplying T2 or better Internet circuit for Bldg. 89, 2200 Fort Roots Drive. And install DSL service to
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Who needs subpart 162 - fixed-price?

01
Any individual or organization entering into a fixed-price contract with the government needs to follow subpart 162 - fixed-price.
02
Contracting officers and procurement officials responsible for awarding fixed-price contracts should also be familiar with this subpart.

What is Subpart 16.2 - Fixed-Price Contracts Form?

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Subpart 162 - fixed-price pertains to contracts that are priced at a fixed rate, meaning the price does not change during the contract period.
Contracting officers and contractors involved in fixed-price contracts are required to comply with subpart 162 - fixed-price.
Subpart 162 - fixed-price must be filled out according to the specific guidelines and instructions provided by the contracting agency.
The purpose of subpart 162 - fixed-price is to ensure that fixed-price contracts are executed and managed in a transparent and efficient manner.
Subpart 162 - fixed-price typically requires reporting of contract details, pricing terms, performance metrics, and other relevant information.
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