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CPIF contract issues


Green

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I have a CPIF contract to a prime that was bid per WBS and per month and was expected to be executed that way. As it turns out, the contract is not being executed as it was bid. This means that the original rate per hour is significantly lower than the one bid. What are my options?

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I have a CPIF contract to a prime that was bid per WBS and per month and was expected to be executed that way. As it turns out, the contract is not being executed as it was bid. This means that the original rate per hour is significantly lower than the one bid. What are my options?

Green,

I think you are leaving a number of important facts out of your question. But as best I can understand, you are concerned because you awarded a cost-reimbursement contract and the contractor is underrunning the estimated cost.

Speaking as a taxpayer, I'm fine with that.

H2H

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Guest Vern Edwards

Green, your post is too obscure. Here are my analysis and request for clarification. I am going to disregard this thread if If you do not clarify promptly.

1. "I have a CPIF contract..."

That much we can understand. Target cost. Target fee. Maximum fee. Minimum fee. Share ratio.

2. "to a prime"

I take that to mean that you are a subcontractor. Or do you mean that you awarded a CPIF contract "to a prime"?

3. "that was bid per WBS [work breakdown structure]"

That I do not understand at all. What does "per WBS" mean? How did you bid "per" WBS?

4. "and per month"

I do not understand. Please explain.

5. "and was expected to be executed that way."

What way?

6. "As it turns out, the contract is not being executed as it was bid."

I understand that in a general sense, but I have no idea about specifics. What is different?

7. "This means that the original rate per hour is significantly lower than the one bid."

I do not understand. CPIF contracts are not usually priced on a rate basis. Please explain.

8. "What are my options?"

Options for what? To do what?

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