chuparosa

Is there a precedent for a CO withholding a percentage of an incentive fee following the issuance of a modification awarding the full incentive fee amount? The contract includes the subject FAR clause which allows a Fixed Fee withhold.

The agency is DoD. I would prefer a reply from active COs.

A CO notified me that their agency legal office recently determined the Continuing Resolution Extension end date to also be the date work performed under the latest FFP contract option must cease. This option was exercised with FY'11 funds starting 1 Dec. 2010. Is the CO is receiving inaccurate advice. Any comments.

I just join and saw this discussion. A CO recently notified me that their agency legal office determined the Continuing Resolution Extension end date is the date the work performed under the contract option will cease. The contract option was exercised with FY'11 funds starting 1 Dec. 2010. The option was incrementally funded past the date of the CR end date. The CO has been advised to also bilaterally mod the contract by inserting the subject FAR Clause. From everyone I've spoken with so far, they believe the CO is receiving inaccurate advice. Any comments.