AFARS PART 5116

Previous PageTable Of ContentsNext Page


Subpart 5116.2 -- Fixed-Price Contracts

Subpart 5116.4 -- Incentive Contracts

Subpart 5116.6 -- Time-and-Materials, Labor-Hour, and Letter Contracts


AFARS -- Part 5116

Types of Contracts


Subpart 5116.2 -- Fixed-Price Contracts

5116.203 -- Fixed-Price Contracts with Economic Price Adjustment.

5116.203-4 -- Contract Clauses.

(d)

Subpart 5116.4 -- Incentive Contracts

5116.405 -- Cost-Reimbursement Incentive Contracts.

5116.4052 -- Cost-plus-award-fee contracts.

(b) Application.

(2)

(B) The award fee pool is the total of the available award fee dollars for each evaluation period for the life of the contract. Base fee is not earned and is, therefore, paid on a regular basis without the contractor’s performance being evaluated. Since the available award fee during the evaluation period must be earned, the contractor begins each evaluation period with 0% of the available award fee and works up to the evaluated fee for each evaluation period. Contractors do not begin with 100% of the available award fee and have deductions withdrawn to arrive at the evaluated fee for each evaluation period. In addition, contractors should not receive award fee (above the base fee) for simply meeting contract requirements. Earning of award fee should be in accordance with the award fee plan, and should be directly commensurate with the level of performance under the contract. A contractor should not receive the maximum amount of award fee under a contract without a demonstrated superior level of performance, as provided for in the award fee plan. Maximum contract fee is the sum of all fees (not just the award fee) and incentives payable under the contract, including performance and subcontracting incentives.

5116.5—Multiple Award Task Order Contracts.

(1) Requiring documentation and using procedures beyond those required by FAR Part 16.5 adds little or no value to the selection/placement of task orders under Multiple Award Task Order (MATO) contracts. In this regard, proposals submitted in response to competition under MATO contracts should be limited to no more than five pages, including attachments. Approval in writing by the Principal Assistant Responsible for Contracting is required for deviating from this five page limitation. Contracting Officers are admonished to keep submission requirements to a minimum and use streamlined procedures, including oral presentations.

(2) Ordering decisions must be appropriately documented. Critical decisions, such as the use of the exceptions from the fair opportunity to be considered process described at FAR 16.505 (b)(2) or the selection of a higher priced proposal because of its greater technical merit, must be documented in sufficient detail to justify the decision.

Subpart 5116.6 -- Time-and-Materials, Labor-Hour, and Letter Contracts

5116.601-90 -- Payments.

The contracting officer must document the contract file with a justification when the five percent withholding of payments required by FAR 52.232-7(a)(2) is reduced or waived.

5116.603 -- Letter Contracts.

5116.603-2 -- Application.

(c)(3) PARCs may authorize an additional period subject to the limitations in DFARS 217.7404-3.

Previous PageTop Of PageTable Of ContentsNext Page