Code of Federal Regulations: Containing a Codification of Documents of General Applicability and Future Effect as of December 31, 1948, with Ancillaries and IndexDivision of the Federal Register, the National Archives, 1984 - Administrative law Special edition of the Federal Register, containing a codification of documents of general applicability and future effect ... with ancillaries. |
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Page 28
Subpart 12-1.16 — Report of Identical Bids ( 2 ) Assure contractors a substantive
share in cost savings , ie . , a fair proportion of the savings applied to a
substantial base . ( 3 ) Objectively and expeditiously process value engineering
change ...
Subpart 12-1.16 — Report of Identical Bids ( 2 ) Assure contractors a substantive
share in cost savings , ie . , a fair proportion of the savings applied to a
substantial base . ( 3 ) Objectively and expeditiously process value engineering
change ...
Page 29
( C ) In all cases , the contractor's share in overall cost savings resulting from the
Government's acceptance of a VECP shall be determined as provided in the VE
Incentive clause . quirements and specifications ( such as packaging ...
( C ) In all cases , the contractor's share in overall cost savings resulting from the
Government's acceptance of a VECP shall be determined as provided in the VE
Incentive clause . quirements and specifications ( such as packaging ...
Page 30
Fixed - Price - Incentive ( FPI ) or cost - plus - incentive - tee ( CPIF ) .... Cost - plus
- award - tee ( CPAF ) . Cost reimbursement ( other than 65/35 75/25 80/20 85/15
( ) 85/15 unit cost target requirement , but no incentive in this. ( d ) The method ...
Fixed - Price - Incentive ( FPI ) or cost - plus - incentive - tee ( CPIF ) .... Cost - plus
- award - tee ( CPAF ) . Cost reimbursement ( other than 65/35 75/25 80/20 85/15
( ) 85/15 unit cost target requirement , but no incentive in this. ( d ) The method ...
Page 31
unit cost target requirement , but no incentive in this regard , it may be desirable
to share future VECP savings only on the amount that the achieved unit
production cost is lower than the target unit production cost . If the design to cost ...
unit cost target requirement , but no incentive in this regard , it may be desirable
to share future VECP savings only on the amount that the achieved unit
production cost is lower than the target unit production cost . If the design to cost ...
Page 32
See § 12-1.5203-4 ( a ) ( 5 ) Should the clause for future acquisition sharing be
modified to reflect major differences in instant contract unit cost reduction and
future contract unit cost reduction ? See § 121.5203-4 ( b ) ( 6 ) ( Development ...
See § 12-1.5203-4 ( a ) ( 5 ) Should the clause for future acquisition sharing be
modified to reflect major differences in instant contract unit cost reduction and
future contract unit cost reduction ? See § 121.5203-4 ( b ) ( 6 ) ( Development ...
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Common terms and phrases
accepted accordance action activity Added additional Administration advance agency agreement agrees amount applicable appropriate approval authorized award Bank bids Board Chapter claims clause set completion concerns considered construction contained Contracting Officer contractor cost decision delivery Department determined direct DOTPR effective equipment established evaluation extent Federal funds furnished Government Indian Insert the clause interest invention issued labor license limited material means ment modification necessary negotiated notice obtain operation otherwise paragraph parties patent payment performance period prescribed prior procedures procurement proposed purchase pursuant reasonable records Regulations request responsible result Revised Scope Secretary small business specific standards subcontract submitted Subpart supplies technical therein tion tract tractor United unless VECP
Popular passages
Page 301 - In such event, adjustment in the contract price shall be made as provided in paragraph (b) of this clause. (e) The rights and remedies of the Government provided in this clause are in addition to any other rights and remedies provided by law or under this contract. 5. DISPUTES (a) Except as otherwise provided in this contract, any dispute concerning a question of fact arising under this contract which is not disposed of by agreement shall be decided...
Page 305 - Withholding for unpaid wages anil liquidated damages. The Contracting Officer may withhold from the Government Prime Contractor, from any moneys payable on account of work performed by the Contractor or subcontractor, such sums as may administratively be determined to be necessary to satisfy any liabilities of such Contractor or subcontractor for unpaid wages and liquidated damages as provided in the provisions of paragraph ( b ) . (d) Subcontracts.
Page 301 - In connection with any appeal proceeding' under this clause, the Contractor shall be afforded an opportunity to be heard and to offer evidence in support of its appeal. Pending final decision of a dispute hereunder, the Contractor shall proceed diligently with the performance of the contract and in accordance with the Contracting Officer's decision. (b) This "Disputes...
Page 304 - If this contract is completely or partially terminated, the records relating to the work terminated shall be preserved and made available for a period of 3 years from the date of any resulting final settlement. (II) Records which relate to (A) appeals under the "Disputes...
Page 304 - Government under this contract may be assigned to a bank, trust company, or other financing institution, including any Federal lending agency, and may thereafter be further assigned and reassigned to any such institution. Any such assignment or reassignment shall cover all amounts payable under this contract and not already paid, and shall not be made to more than one party, except that any such assignment or reassignment may be made to one party as agent or trustee for two or more parties participating...
Page 52 - ... for technical or special property that he determines to require a substantial initial investment or an extended period of preparation for manufacture, and for which he determines that formal advertising would be likely to result in additional cost to the Government by reason of duplication of investment or would result in duplication of necessary preparation which would unduly delay the procurement of the property...
Page 378 - Data delivered under this contract. (e) Nothing contained in this clause shall imply a license to the Government under any patent or be construed as affecting the scope of any license or other right otherwise granted to the Government under any patent.
Page 356 - Administrator shall prescribe, he may waive all or any part of the rights of the United States under this section with respect to any invention or class of inventions made or which may be made by any person or class of persons in the performance of any work required by any contract of the Administration if the Administrator determines that the interests of the United States will be served thereby.
Page 269 - ... for the particular records specified in Part 1-20 of the Federal Procurement Regulations (41 CFR Part 1-20), whichever expires earlier, have access to and the right to examine any...
Page 142 - ... is being performed. If any inspection, or evaluation is made by the Government on the premises of the Contractor or a subcontractor, the Contractor shall provide and shall require his subcontractors to provide all reasonable facilities and assistance for the safety and convenience of the Government representatives in the performance of their duties. All inspections and evaluations shall be performed in such a manner as will not unduly delay the work.