Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
SubChapter C - Contracting Methods and Contract Types |
Part 215 - Contracting by Negotiation |
Subpart 215.9 - Profit |
§ 215.974 - Fee requirements for cost-plus-award-fee contracts.
Latest version.
-
In developing a fee objective for cost-plus-award-fee contracts, the contracting officer shall—
(a) Follow the guidance in FAR 16.404-2 and 216.404-2;
(b) Not use the weighted guidelines method or alternate structured approach;
(c) Apply the offset policy in 215.973(b)(2) for facilities capital cost of money, i.e., reduce the base fee by the lesser of 1% of total costs or the amount of facilities capital cost of money; and
(d) Not complete a DD Form 1547.