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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 18 - National Aeronautics and Space Administration |
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SubChapter C - Contracting Methods and Contract Types |
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Part 1815 - Contracting by Negotiation |
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Subpart 1815.9 - Profit |
§ 1815.902 - Policy.
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As authorized by FAR 15.902, NASA has established a structured approach for determining profit or fee objectives. This approach, described in 1815.970, is based on the profit-analysis factors appearing in FAR 15.905 and shall be used to determine profit or fee objectives for conducting negotiations in those acquisitions that require cost analysis, except in the case of—
(a) Artchitect-engineer contracts;
(b) Management contracts for operation and/or maintenance of Government facilities;
(c) Construction contracts;
(d) Contracts primarily requiring delivery of material supplied by subcontractors;
(e) Termination settlements;
(f) Cost-plus-award-fee contracts (however, contracting officers may find it advantageous to perform a structured profit analysis as an aid in arriving at an appropriate fee arrangement); and
(g) Contracts having unusual pricing situations when the structured approach is determined unsuitable and the exemption is (1) justified in writing, and (2) authorized by the procurement officer.