Define reimbursement1/11/2024 (2) The amount and nature of the profit incentive offered to the contractor for achieving or exceeding specified standards or goals. (1) The degree and timing of the responsibility assumed by the contractor for the costs of performance and ![]() (a) A wide selection of contract types is available to the Government and contractors in order to provide needed flexibility in acquiring the large variety and volume of supplies and services required by agencies. Subpart 16.1 - Selecting Contract Types 16.101 General. Rollover of unearned award fee means the process of transferring unearned award fee, which the contractor had an opportunity to earn, from one evaluation period to a subsequent evaluation period, thus allowing the contractor an additional opportunity to earn that previously unearned award fee. (2) Is the net price after applying any standard trade discounts offered by the contractor.įee-Determining Official (FDO) means the designated Agency official(s) who reviews the recommendations of the Award-Fee Board in determining the amount of award fee to be earned by the contractor for each evaluation period. ![]() ![]() (1) Is an established catalog or market price for a commercial product sold in substantial quantities to the general public and Award-Fee Board means the team of individuals identified in the award-fee plan who have been designated to assist the Fee-Determining Official in making award-fee determinations.
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