Advertising Ch 14
A cost contract may be appropriate for research and growth work, significantly with nonprofit instructional institutions or different nonprofit organizations. The contracting officer shall doc the rationale for selecting the contract kind in the written acquisition plan and make sure that the plan is permitted and signed a minimum of one degree above the contracting officer (see 7.103 and 7.a hundred and five). The contract price is the simplified acquisition threshold or less, unless permitted by the chief of the contracting workplace.
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The contracting officer ought to consider using an financial value adjustment clause primarily based on price indexes of labor or materials underneath the circumstances and topic to approval as described in paragraphs and of this part. If all circumstances in paragraph of this part apply and the contracting officer determines that using the clause at 52.216-four is inappropriate, the contracting officer could use an company-prescribed clause as a substitute of the clause at 52.216-4. Before entering into the contract, the contracting officer and contractor should agree in writing on the id of the usual supplies and the corresponding line items to which the clause applies. If all conditions in paragraph of this subsection apply and the contracting officer determines that the use of the clause at 52.216-three is inappropriate, the contracting officer could use an agency-prescribed clause as an alternative of the clause at fifty two.216-three.
producers need to avoid creating a value competitive parity debate. government usually encourages consolidation to cut back the variety of rivals. shifting the market from a monopoly to pure competitors.