Difference between revisions of "FAR 52.216-10 - Incentive Fee"
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==(g) Inconsistencies== | ==(g) Inconsistencies== | ||
− | In the event of any language inconsistencies between this clause and provisioning documents or Government options under this contract, compensation for spare parts or other supplies and services ordered under such documents shall be determined in accordance with this clause. | + | In the event of any language inconsistencies between this clause and provisioning documents or Government options under this contract, compensation for spare parts or other supplies and services ordered under such documents shall be determined in accordance with this clause. |
− | + | |ImportantNotesRequirements=[[Category:FAR 52 - Solicitation Provisions and Contract Clauses]] | |
|IncorporatedbyReference=Yes | |IncorporatedbyReference=Yes | ||
|UniformContractFormat=I | |UniformContractFormat=I |
Revision as of 15:31, 4 June 2014
Prescribed in 16.307(d) | ||
Effective Date: | 1 June 2011 | |
Clause or Provision: | Clause | |
Provision or Clause Number: | 52.216-10 - Incentive Fee | |
Principle Type And/Or Purpose of Contract: | ||
Required: | ||
Applicable: | Cost Reimbursement Research and Development; Cost Reimbursement Supply; Cost Reimbursement Service; Time and Materials/Labor Hour; Communication Services; Dismantling, Demolition, or Removal of Improvements; Indefinite Delivery; Transportation; | |
Optional: | Fixed Price Service; Fixed Price Construction; Cost Reimbursement Construction; Leasing of Motor Vehicles; Facilities; Simplified Acquisition Procedures; Utility Services; | |
Subject: | ||
ProcurementType: | ||
Contract Threshold: | ||
Prescription Overview: | ||
Clause Overview: |
(a) GeneralThe Government shall pay the Contractor for performing this contract a fee determined as provided in this contract. (b) Target cost and target feeThe target cost and target fee specified in the Schedule are subject to adjustment if the contract is modified in accordance with paragraph (d) of this clause.
(c) Withholding of payment
(d) Equitable adjustmentsWhen the work under this contract is increased or decreased by a modification to this contract or when any equitable adjustment in the target cost is authorized under any other clause, equitable adjustments in the target cost, target fee, minimum fee, and maximum fee, as appropriate, shall be stated in a supplemental agreement to this contract. (e) Fee payable
(f) Contract modificationThe total allowable cost and the adjusted fee determined as provided in this clause shall be evidenced by a modification to this contract signed by the Contractor and Contracting Officer. (g) InconsistenciesIn the event of any language inconsistencies between this clause and provisioning documents or Government options under this contract, compensation for spare parts or other supplies and services ordered under such documents shall be determined in accordance with this clause. | |
Important Notes/Requirements: | ||
Subcontract Threshold: | ||
Incorporated by Reference: | Yes | |
Uniform Contract Format: | I | |
Editor: | Marshall |
Personal notes.