RJH46 Posted March 23, 2012 Report Share Posted March 23, 2012 We have a contract with the Air Force that includes recovery of some lead pellets from soil. Is there anything that requires us to credit the Air Force the amount of money that the recovered lead is sold for? Is there a FAR clause that addresses this? Link to comment Share on other sites More sharing options...
Guest Vern Edwards Posted March 23, 2012 Report Share Posted March 23, 2012 What does the contract say about that? Link to comment Share on other sites More sharing options...
RJH46 Posted March 23, 2012 Author Report Share Posted March 23, 2012 The contract has FAR 52.232-16 Progress Payments (d) Title (4) that states The contractor may sell any scrap resulting from production without requesting the contracting officers approval but the proceeds shall be creditied against the costs of performance. But I see this as applicable if we were manufactuing somnething and the process resulted in scrap metal or some suvh thing. Link to comment Share on other sites More sharing options...
Retreadfed Posted March 23, 2012 Report Share Posted March 23, 2012 We have a contract with the Air Force that includes recovery of some lead pellets from soil. Is there anything that requires us to credit the Air Force the amount of money that the recovered lead is sold for? Is there a FAR clause that addresses this? What type of contract do you have, i.e., cost reimbursement, FFP, etc? Link to comment Share on other sites More sharing options...
Guest Vern Edwards Posted March 25, 2012 Report Share Posted March 25, 2012 If the contract is firm-fixed-price, then the answer is no, unless the contract contains a special provision that provides otherwise. If the contract is cost-reimbursement, then the likely answer is yes. Link to comment Share on other sites More sharing options...
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