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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 13 - Department of Commerce |
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SubChapter C - Contracting Methods and Contract Types |
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Part 1316 - Types of Contracts |
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Subpart 1316.4 - Incentive Contracts |
§ 1316.404-2 - Cost-plus-award-fee contracts.
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(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.