Jump to content
The Wifcon Forums and Blogs

Search the Community

Showing results for tags 'fixed'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Instructions and Terms of Use
    • Terms Of Use
    • Before You Register, Before You Post
  • Contracting Forum
    • Section 809 Panel
    • Polls
    • For Beginners Only
    • Contracting Workforce
    • Contract Award Process
    • Contract Pricing Including CAS & Allowable Costs
    • Contract Administration
    • Schedules, GWACS, MACs, IDIQs
    • Subcontracts & Subcontract Management
    • Small Business, Socioeconomic Programs
    • Proposed Law & Regulations; Legal Decisions

Blogs

  • The Wifcon Blog
  • Vern Edwards' Blog
  • Don Mansfield's Blog
  • Bob Antonio's Blog
  • NCMAExecutiveDirector's Blog
  • Professor Ralph Nash's Blog
  • Emptor Cautus' Blog
  • Centre Knowledge Blog
  • Leftbrainpro.com Answer Blog
  • SmallGovCon.com
  • Patterns of Procurement

Calendars

  • Community Calendar

Categories

  • Rules & Tools
  • Legal Opinions
  • News

Found 1 result

  1. We've been having an internal debate about (1) whether it is possible to increase the maximum value of a FFP contract using an in scope increase and (2) whether one is even necessary. Interested to hear your thoughts. Basically, demand was greater than anticipated and we've hit the contract max early. Sort of. The kicker here is that this IDIQ contract (we'll call it Contract1) is part of a program where another contractor (Contract2) is authorized to order from Contract1 and gets government's negotiated pricing and delivery. The Contract2 contractor then stocks the item at their cost and waits for a gov't demand for it. When a government demand materializes, Contract2 contractor is paid, but not before. So, technically, the gov't hasn't spent a dime under Contract1, but the Contract2 contractor has ordered sufficient material from Contract1 that the amount spent would reach the maximum on Contract1. No need to change contract duration or any other Ts & Cs. This is solely about spend and whether there is a need to secure additional money under these conditions. Thoughts? TIA
×