formulas-fpif-contract 
PM by PM
JANUARY 31, 2016
Incentive Calculation in a FPIF Contract In my previous post, I described Fixed Price Incentive Fee Contract (FPIF). In this article, I will discuss the formulas and incentive calculations for an FPIF Contract. The basic nature of a FPIF Contract […].
MPUG
MAY 19, 2020
Let’s say you awarded a contract of $1M to a vendor to deliver a critical component for your project. The contract with your vendor is set up with a fixed price, but you have incentivized the contact to get a better-quality component with good performance. In other words, will you let the contract become a pure fixed price contract?
Expert insights. Personalized for you.
31 
Let's personalize your content