16.206-1 Description.
A fixed-ceiling-price contract with retroactive price redetermination provides for-
(a) A fixed ceiling price; and
(b) Retroactive price redetermination within the ceiling after completion of the contract.
A fixed-ceiling-price contract with retroactive price redetermination provides for-
(a) A fixed ceiling price; and
(b) Retroactive price redetermination within the ceiling after completion of the contract.
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