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Showing results for tags 'incremental funding'.
So we have multiple new service contracts and option periods that started 1 Oct. We received certified funding documents covering the entire option period or base periods for these contracts on 1 October and awarded or exercised options at that time, fully funding the year. Recently, the customers came back, asking to have the obligated funds reduced down to the CR authority that they received, and to incrementally fund for the rest of the year as they receive more funding. We are unsure what happened in the decision process that these were certified when they weren't sure how much would be r
Our agency has a long-standing policy of allowing incremental funding across fiscal years. As an anecdote, we had this one requirement for chaplain services that began 1 Sep 16, ends 31 Aug 17, and the RA only wanted to provide 2 months of FY16 OMA funds, intending to fund the other 10 months with FY17. Am I crazy, or doesn’t this violate the ADA by obligating the government in advance of funding? As the KO, I pushed back, requesting full funding or a change to the base period to match available funding. The RA was not pleased, nor was our management. We’ve been going back and forth for m
I've always issued bilateral modifications when adding funds incrementally to a contract. I do this because I want the contractor to acknowledge that it can continue working up to the new amount and that it knows that any work performed beyond the funded amount is at its own risk. I've got someone telling me that this type of modification can be made unilaterally. I can see where this person is correct, but I'd like to know what the proper method is. Should a modification to add funds incremetally to a contract be made unilaterally or bilaterally.... or does it even matter?
This question has probably been asked many times. I'll be happy if someone can provide me with a link to a previous thread that answers it. The FAR differentiates between cost reimbursement contracts and Time-and-Materials / LH contracts. T&M contracts at my agency include the Limitation of Funds clause, which does not specifically make mention of T&M contracts. I would venture to say that most of our T&M contracts are incrementally funded, and the funded amount is less than the contract ceiling price. My question is this: If the government and a contractor have agreed on a ceiling