Clause
52.216-17_Alternate I Incentive Price Revision-Successive Targets.
(a) General. The supplies or services identified in the Schedule as Items ___ [Contracting Officer insert 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 ($___). The prices of these items shown in the Schedule are the initial target prices, which include an initial target profit of ___ [Contracting Officer insert percent] percent of the initial target cost. Any supplies or services that are to be (1) ordered separately under, or otherwise added to, this
- Type: Clause (C)
- Prescribed in: 16.406(b)
- Effective: Apr 1984
- Primary source: eCFR 48 CFR 52.216-17 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.
This is Alternate I of clause 52.216-17; the Alternate text sits inside the same eCFR section as the base clause.