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Biehb198

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About Biehb198

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  1. Thank you! 52.216-10 was incorporated into the letter contract. The supplier has provided monthly cost performance reports which indicate that they are overrunning on 1 out of the 3 Contract Line Item Numbers (CLINs) to their target cost. However, at definitization, they will have the opportunity to re-baseline their cost.
  2. Hello, I'm a subcontract manager and I was recently moved to manage a supplier that has been on letter contract for nearly a year. During this time, they have been billing monthly their incurred cost but with no fee. Negotiations were finalized before I came onboard (T&Cs, cost, and fee structure) and the contract is ready to definitize. My supplier expects that they are allowed to bill for fee on their incurred costs to date at the negotiated TARGET FEE and will continue to bill their efforts monthly at the TARGET FEE. If the cost targets are not achieved at the end of the POP,
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