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Showing results for tags 'FFP type'.
I recently started working in IDIQ Service Task Order environment with primarily SOW. That being said, as a starting point the maximum number of hours for a given position is 1820 and the duties and tasks are not open ended with the type of work expected clearly laid out. For the SOW's the number of hours for the respective positions are stated for the base period and out years - ie "Position 1- 960 hours," for a 6 month base period. Some of the TO's are LOE, LH, or FFP (right or wrongly). My team recently awarded a TO and it was my position that it would be FFP. The SOW stipulate
All, I ran into a problem on payment/invoicing. Please find below contract facts: (1) Service contract awarded under GSA MAS as FFP type (small contract <$1M/year), 1 base year plus 4 option years, currently on base year. (2) No labor hours specified on the contract; deliverables are straight forward: a monthly status report and a couple of other reports. (3) Invoices shall be submitted per FAR252.212-4(g) (4) The PoP starts one day after the contract was awarded; contract requires all personnel be available when PoP Start. Due to security requirements, it is impossible to staff all per