WebMar 16, 2024 · 16.306. Cost-plus-fixed-fee contracts. (a) Description. A cost-plus-fixed-fee contract is a cost-reimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the inception of the contract. The fixed fee does not vary with actual cost, but may be adjusted as a result of changes in the work to be ... WebMar 16, 2024 · (a) General. Payment will be based on receipt of a proper invoice and satisfactory contract performance. (b) Content of invoices. (1) A proper invoice must include the following items (except for interim payments on cost reimbursement contracts for services): (i) Name and address of the contractor. (ii) Invoice date and invoice number.
52.216-8 Fixed Fee. Acquisition.GOV
WebMar 16, 2024 · As prescribed with 16.307(a), insert the following clause:. Allows Cost and Payment (Aug 2024) (a) Invoicing. (1) The Government will make installments to the Contractor whereas requested as work progresses, but (except in small business concerns) not more often than once every 2 week, in amounts deciding to be allowable by to … WebAs prescribed in 204.7109, use the clause at 252.204-7006, Billing Instructions, in solicitations and contracts if Section G includes— (1) Any of the standard payment instructions at PGI 204.7108 (DFARS/PGI view) (d) (1) through (6); or (2) Other payment instructions, in accordance with PGI 204.7108 (DFARS/PGI view) (d) (12), that require … spencer schedule
252.232-7006 Wide Area WorkFlow Payment Instructions.
WebFAR FAC Number: 2024-02 Effective Date: 03/16/2024 « Previous Next » Part 52 - Solicitation Provisions and Contract Clauses Part 52 - Solicitation Provisions and Contract Clauses 52.000 Scope of part. Subpart 52.1 - Instructions for Using Provisions and Clauses 52.100 Scope of subpart. 52.101 Using Part 52. WebNov 8, 2012 · The T&M/LH payments clause specifies how payments will be made for both the Time and the Materials elements of the contract.The clause at FAR 52.215-7 also … WebAs prescribed in 30.201-4, (1) The contracting officer shall insert the clause at FAR 52.230-2, Cost Accounting Standards, in negotiated contracts, unless the contract is exempted … spencer scheda film