Which of the following is not a type of Fixed Price Contract?

The classification of contracts within federal contracting often distinguishes among various types of fixed-price arrangements, each serving distinct purposes and risk-sharing mechanisms. A cost reimbursement contract is not a type of fixed-price contract because it does not establish a firm price for the services or goods provided. Instead, it allows the contractor to be reimbursed for allowable costs incurred in the performance of the contract, plus an additional amount for profit, which means that the costs can vary significantly.

In contrast, a firm fixed price contract establishes a set price that does not change regardless of the actual costs incurred by the contractor, thus transferring the risk of cost overruns to the contractor. Similarly, fixed price with economic price adjustment contracts include provisions for adjustments based on certain economic indicators but still fundamentally type fit within the fixed-price category. Lastly, fixed price with prospective price redemption, although less common, still aligns with the principles of fixed pricing by establishing a price point for the contracted work.

Therefore, option B, cost reimbursement, correctly identifies a contract type that falls outside the fixed-price category, distinguishing it from the other contract types listed.