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Showing results for tags 'ffp-loe'.
I recently started working in IDIQ Service Task Order environment with primarily SOW. That being said, as a starting point the maximum number of hours for a given position is 1820 and the duties and tasks are not open ended with the type of work expected clearly laid out. For the SOW's the number of hours for the respective positions are stated for the base period and out years - ie "Position 1- 960 hours," for a 6 month base period. Some of the TO's are LOE, LH, or FFP (right or wrongly). My team recently awarded a TO and it was my position that it would be FFP. The SOW stipulate
I'm in a unique position. This is a non-gov't contract that is stated as a FPP-LOE contract, paid incrementally. We're in OY1 of the contract but the work I was originally set out to do in the SOW has changed due to modifications (some of which I have yet to be informed of) and I haven't had any work given to me to do - and now I'm at the point where even if I worked 40 hours a week for the rest of the contract term I wouldn't be able to complete the allotted number of hours given as the LOE (1400 hours). What are my next steps, if any?
I am attempting to validate as to whether or not a Prime, if awarded a FFP contract, may issue a FFP-LOE SubK knowing the work that is to be performed by the subcontractor will exceed the $150k limitation per FAR 16.207.3 (Limitations of firm-fixed-price, level-of-effort term contracts)? Thank you in advance for your time.