WebIncentive Price Revision - Firm Target (JAN 2024) (a) General. The supplies or services identified in the Schedule as Items ___ [ Contracting Officer insert Schedule line item … WebIncentive Price Revision-Firm Target (Jan 2024) (a) General . The supplies or services identified in the Schedule as Items _______ [ Contracting Officer insert Schedule line item …
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WebDec 15, 2024 · Incentive Price Revision—Firm Target (Jan 2024) * * * * * 5. Amend section 52.216-17 by— a. Revising the date of clause; and b. Removing from paragraph (i) (2) the … WebThe contract type is implemented by calling out FAR Clause 52.216-16 Incentive Price Revision - Firm Target. This clause captures the Ceiling Price as well as the government share ratio(s). If multiple line items are identified as FPI type, the individual line item information shall be included here, otherwise final contract costs and price are ... birch airfield composting services
FAR Clause 52.216-16 Incentive Price Revision-Firm Target.
WebIncentive Price Revision – Firm Target UT-B Contracts Div Jan 2006 Page 2 of 2 incent-price-rev-firm-ext-utbx-jan06.doc (ii) The total costs (estimated to the extent necessary) reasonably incurred for, and properly allocable solely to, the supplies delivered (or services performed) and accepted by the Company and for which final prices have ... WebDec 17, 2024 · • FAR 52.216–16, Incentive Price Revision–Firm Target; and FAR 52.216– 17, Incentive Price Revision–Successive Targets. These clauses require contractors on fixed price incentive (firm or successive target) contracts to submit to the Government on a quarterly basis a statement regarding total contract prices, costs, portions of Web16.403-1 Fixed-price incentive (firm target) contracts. ( a) Description. A fixed-price incentive (firm target) contract specifies a target cost, a target profit, a price ceiling (but not a profit ceiling or floor), and a profit adjustment … birch a hardwood