§ 252.216-7005 - Award Fee.  


Latest version.
  • 252.216-7005 Award Fee.

    As prescribed in 216.406(e)(2), insert the following clause:

    Award Fee (FEB 2011)

    The Contractor may earn award fee from a minimum of zero dollars to the maximum amount stated in the award-fee plan in this contract. In no event will award fee be paid to the Contractor for any evaluation period in which the Government rates the Contractor's overall cost, schedule, and technical performance below satisfactory. The Contracting Officer may unilaterally revise the award-fee plan prior to the beginning of any rating period in order to redirect contractor emphasis.

    (End of clause)

    [76 FR 8305, Feb. 14, 2011]