Search the Community
Showing results for tags 'liquidation'.
Found 2 results
-
Hi! I have a situation where it seems DFAS/ACO/PCO/Contractor have a different expectation of how progress payments should work on this program. I am looking for guidance that could help everyone have the same understanding, or to weave the pieces together. I am the Contractor, small business, awarded a Task Order (which we all refer to as a "contract") under a GSA GWAC, primarily for services and material (aka not Construction). The total value to include all options is $80M. There are multiple CLIN types, mostly FPIF (with FFP for leased space and Cost for travel/materials). There are n
-
I'm working through a Prime proposal >TINA in response to a non-competitive FPIF RFP with progress payments. I have limited experience with FPIF, so I need some education. My question is regarding liquidation and profit: Assuming a 20% liquidation rate (80% progress payment) how and when does the contractor invoice profit/fee? Is it invoiced with customary progress payments and if so, what % is applied? The target fee % agreed to in negotiations? How/when is that then adjusted to reflect the outcome of the agreed to share ratios related to the FPIF? Thank you, Patrick
