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CAR PART 1316 - TYPES OF CONTRACTS



PART 1316 - TYPES OF CONTRACTS

Subpart 1316.4 - Incentive Contracts

1316.404-2 Cost-plus-award-fee contracts.

Subpart 1316.4 - Incentive Contracts

1316.404-2 Cost-plus-award-fee contracts.

(d) Fee determination plans. The award fee determination plan shall include both technical performance (including scheduling as appropriate) and business management consideration tailored to the needs of the particular situation. The goals and evaluation criteria should be results-oriented. The award fee should concentrate on the end product of the contract. However, equal employment opportunity, small business programs, and functional management areas, such as safety and security, cannot be disregarded and may be appropriately part of the criteria upon which to base the award fee. Specific goals or objectives should be established in relation to each performance evaluation criterion against which contractor performance is measured.

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