Clause
52.216-16_Alternate I Incentive Price Revision-Firm Target.
(a) General. The supplies or services identified in the Schedule as Items ___ [Contracting Officer insert Schedule line item numbers] are subject to price revision in accordance with this clause; provided, that in no event shall the total final price of these items exceed the ceiling price of ___ dollars ($___). Any supplies or services that are to be (1) ordered separately under, or otherwise added to, this contract and (2) subject to price revision in accordance with the terms of this clause shall be identified as such in a modification to this contract.
- Type: Clause (C)
- Prescribed in: 16.406(a)
- Effective: Apr 1984
- Primary source: eCFR 48 CFR 52.216-16 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.
This is Alternate I of clause 52.216-16; the Alternate text sits inside the same eCFR section as the base clause.