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TITLE 48 - FEDERAL ACQUISITION REGULATIONS SYSTEM
CHAPTER 24 - DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SUBCHAPTER H - CLAUSES AND FORMS
PART 2452 - SOLICITATION PROVISIONS AND CONTRACT CLAUSES
2452.216 - 74 - Distribution of award fee.
Link to an amendment published at 71 FR 2438, Jan. 13, 2006.
As prescribed in 2416.405(e)(1), insert the following clause in all award fee contracts.
Distribution of Award Fee (APR 1984) (a) The total amount of award fee available under this contract is assigned to the following evaluation periods in the following amounts: Evaluation Period: ____________________ Available Award Fee: ____________________ (b) In the event of contract termination, either in whole or in part, the amount of award fee available shall represent a pro-rata distribution associated with evaluation period activities or events as deteremined by the Fee Determination Official as designated in the contract. The contract clauses required for cost reimbursement contracts should be modified for use under award fee contracts as cited below: (1) The term base fee and award fee should be substituted for fixed-fee where it appears in the clause at FAR 52.2432, Changes.
(2) The term base fee should be substituted for fee where it appears in the clauses at FAR 52.23220, Limitation of Costs, and FAR 52.23222, Limitation of Funds.
(3) The phrase base fee, if any, and such additional fee as may be awarded as provided for in the Schedule; should be substituted for the term fee whenever it appears in the clause at FAR 52.2167, Allowable Cost and Payment.
(End of clause)
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