WebMar 31, 2024 · RFP at 2; RFP § L at 22. For example, RFP Task Orders 001 and 002 each consisted of a FPIF CLIN and a CPFF CLIN, and offerors’ GSM-O II labor rates, without profit, were to serve as target cost rates under these task orders. COS/MOL at 6. The RFP also included detailed instructions for calculating an offeror’s total proposed cost/price ... Weba. FPIF CLINs 0001 (EMD) and 0020 (LRIP) at the ceiling price. b. CPFF CLINs 0003 (EMD Studies and Analysis), 0021 (LRIP Studies and Analysis), and 0100 (FRP Studies and Analysis) at the Government established CPFF of $5,000,000 for each CLIN. c. FFP CLINs 0004 (Early LRIP Materials) and 0044 (Early FRP Materials); at the proposed price.
Types of Contracts - ProjectEngineer
WebThe Contract Line Item Numbers (CLINs) and SubCLINS of this contract contain a hybrid contract type including: Firm-Fixed-Price (FFP), Fixed-Price-Incentive (Firm Target) (FPIF), Cost Reimbursement (CR), Cost-Plus-Award-Fee (Completion) (CPAF-C). B.2 PRICE/COST SCHEDULE CLIN/SUBCLIN DESCRIPTION OF SUPPLIES/SERVICES … WebFPIF contract. A contractor quotes an FPIF fee of $80,000 for the lump sum portion and $20,000 for the incentive portion, which is based on meeting a certain milestone. The landscaping at the front of the building is more publicly visible and a $5,000 penalty per month is assessed after a specified interim completion date for this portion of ... bubbles hinckley
Foreign Policy in Focus
WebDec 9, 2024 · A Firm-Fixed-Price (FFP) ( FAR Subpart 16.2) contract provides for a price that is not subject to any adjustment on the basis of the contractor’s cost experience in performing the contract. This contract type places upon the contractor maximum risk and full responsibility for all costs and resulting profit or loss. WebFixed Price Plus Incentive Fee (FPIF) The FPIF is a lump sum contract just like the FFP, however it allows for some up front flexibility based on predefined metrics. There are two … http://www.wifcon.com/discussion/index.php?/topic/1318-changing-contract-type/ bubble shindo life wiki