Only a bidding is selected as the contracting method. _-price (FFP) contract can be used when sealed Per FAR Part 15, Subpart 15.000, a contract awarded using other than sealed bidding procedures is a contract -Price types of contracts provide for a firm price or, in appropriate cases, an adjustable price. These types of contracts providing for an adjustable price may include a ceiling price, a target price (including target cost), or both. (see FAR 16.2) -Reimbursement types of contracts provide for payment of allowable incurred costs, to the extent prescribed in the contract. These types of contracts establish an estimate of total cost for the purpose of obligating funds and establishing a ceiling that the contractor may not exceed (except at its own risk) without the approval of the contracting officer. (see FAR 16.3) identifies acquisition flexibilities that are available for emergency FAR Part acquisitions. FAR Part 19 - Small Business Programs implements the acquisition-related sections of the Act (15 U.S.C. 631, et seq.), applicable sections of the Armed Services Procurement Act (10 U.S.C. 2302, et seq.), the Federal Property and Administrative Services Act (41 U.S.C. 252), section 7102 of the Federal Acquisition Streamlining Act of 1994 (Public Law 103-355), 10 U.S.C. 2323, and Executive Order 12138, May 18, 1979. 10. As discussed in the Acquisition Management textbook Chapter 4, the objective of contract _ is to be proactive by paying attention to the terms and conditions of the contract up front rather than reacting when there is a problem. 11. As presented in the Acquisition Management textbook Chapter 5, involves the question of whether the contractor can or will perform as promised in the bid