NHB.National Aeronautics and Space Administration. |
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administrative applicable appropriate areas available award fee AWARD FEE CONTRACTING Award Fee Evaluation base fee basis changes contract type Contracting Officer contractor contractor's performance corporate cost award fee cost control cost goal cost incentive cost overlap Cost Plus Award CPAF contracts CPFF CPIF CPIF/AF dollar effect estimated cost Evaluation Coordinator evaluation criteria evaluation period Events extracontractual motives factors Fee Determination Official fee earned Fee Evaluation Board Figure formance formula Government improved incentive contracting incentive fee Labor O/H maintenance man-hours maximum fee ment milestone minimum Monitors monthly NASA negotiation operations output parameters percent performance award fee Performance Evaluation performance levels performance rating personnel procedures procurement profit motive quarterly rating plans recomputed target cost reports responsible result schedule Space Flight Network specific standard structure subcontract subfactors subjective evaluation support contracts support services target fee target rate task Technical Management tion tractor WO's Yes No Yes
Popular passages
Page 2 - Under this type of contract, there is negotiated initially a target cost, a target fee, a minimum and maximum fee, and a fee adjustment formula. After performance of the contract, the fee payable to the contractor is determined in accordance with the formula. The formula provides, within limits...
Page 1 - The cost-plus-a-flxed-fee contract Is a cost reimbursement type of contract which provides for the payment of a fixed fee to the contractor. In addition, the contractor is reimbursed for the allowable cost of performing the contract as governed by ASPR section XV and the terms of the contract. Our present procurement law (10 USC 2306(d...
Page 107 - To this end, the parties should seek to negotiate and use the contract type best calculated to stimulate outstanding performance. The objective should be to insure that outstandingly effective and economical performance is met by high profits, mediocre performance by mediocre...
Page 66 - DETERMINATION Upon the basis of the findings set forth above, I hereby determine that pursuant to 10 USC...
Page 1 - Fee (CPAF) contract is a cost reimbursement type of contract which provides that the contractor's variable fee will be determined subjectively by designated, high-level, Government personnel on the basis of periodic, after-the-fact evaluations of the contractor's performance.
Page 1 - ... specific statements of work would, in some instances, allow additional firms to submit offers and, thereby, increase competition. The use of a CPFF or T/M type contract may also result in other additional costs. A CPFF type contract provides for reimbursement of costs plus payment of a fixed fee. The fee does not vary in relation to the contractor's ability to control costs. There...
Page 27 - ... at the upper limit of confidence. In other words, the range of incentive effectiveness will be equal to the band of uncertainty associated with the prediction of probable cost.