Fixed rate vs. fixed price - Contract Award Process - The Wifcon …
Apr 1, 2011 · What is the difference between fixed rate and fixed price? Can they be one in the same? Context: I was recently involved in the purchase of satellite services on tracking …
Firm Fixed Price versus Firm Fixed Unit Price - WIFCON.com
Nov 30, 2016 · Hello, I am having trouble grasping this concept and was hoping for someone to give me an answer or at least a nudge in the right direction. At my organization that I just …
FFP Payment - Contract Administration - The Wifcon Forums and …
Jan 24, 2013 · My firm has a Firm Fixed Price service contract which entered its final year in October, 2012. The contract requires a fixed number of annual productive hours of severable …
Maximum Profit per FAR?? - For Beginners Only - WIFCON.com
Apr 15, 2018 · I have heard there is a FAR clause that regulates this, but I don't know what it is, or if it even exists. The purported clause limits the amount of profit a company can make on a …
Cost Plus Fixed Fee - Rate Increase - WIFCON.com
Feb 7, 2023 · We have a 5 year CPFF contract for approx $10m. As I understand it, the Fee is fixed, so if our rates increase during the life of the contract, this would eat in to our Fee. Or do …
Labor Hour Contract Fixed Rate for Labor Category
Nov 14, 2023 · Can a labor hour contract have a specific labor category (e.g. administrative assistant) with multiple fixed hourly rates when all work will be performed by the prime …
T&M allowable fee - Contract Pricing Including CAS & Allowable …
Feb 16, 2016 · I recently received feedback on a T&M proposal that is prompting my question about fee maximums on time and material contracts. We had to submit a breakdown of the …
Annual Escalation Adjustment Clause - Contract Award Process
Aug 5, 2013 · A couple of years ago I encountered an issue with sole-source contracting for a series of requirements where the offerors each proposed an annual escalation rate of 5% for …
G&A on Travel (Again) - WIFCON.com
Oct 26, 2021 · Some time ago, I began a discussion regarding an epidemic-like position streaming across the country: Contracting officers not wanting to pay G&A on travel. If you …
Tracking LOE in FFP subcontracts - WIFCON.com
Nov 30, 2017 · I am working for a USAID contractor. We have a CPFF Term prime contract with USAID and issued a Firm Fixed Price Independent Consultant Agreement to a consultant. The …