Award Fee Pool Clause Samples

Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and full execution of this Agreement, the Department shall appoint a committee that will determine entitlement to the Award Fee Pool (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-to-day management of this Project that is acceptable to both Parties.
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Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and fully execution of this Agreement, the Department shall appoint a committee that will determine entitlement to those portions of the Award Fee Pool so designated below (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction;
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Award Fee Pool. Total .................................... ................ ................ ................ ................ ................ ................ Other direct cost item Option 1 Option 2
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Award Fee Pool. The At-Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and fully execution of this Agreement, the Department shall appoint a committee that will determine entitlement to those portions of the Award Fee Pool so designated below (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from the Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-to-day management of this Project that is acceptable to both Parties.
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Award Fee Pool. The Contractor shall be evaluated six months after commencement of performance, and every six months thereafter by the Government for the base period of the contract; and every six months of each option year, if exercised. Unearned fee in any single evaluation period or year may not be carried forward into a subsequent evaluation period or year.
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Award Fee Pool. The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”). Within sixty (60) days after approval and fully execution of this Agreement, the Department shall appoint a committee that will determine entitlement to those portions of the Award Fee Pool so designated below (such committee, the “Award Fee Evaluation Committee”). The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction or their designee; (ii) DOC Chief of Facilities or their designee; (iii) DGS Contracting Officer or their designee; (iv) DGS Capital Construction representative; and (v) DOC Facilities representative. Committee members shall not include an individual who has day-to-day interactions or involvement on the Project, or an individual who is presently involved in an active project with the Design-Builder.
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Related to Award Fee Pool

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Award criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "▇▇▇") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the ▇▇▇ and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Pre-Award Costs Pre-award costs are those incurred prior to the effective date of the award directly pursuant to the negotiation and in anticipation of the award where such costs are necessary to comply with the proposed delivery schedule or period of performance. Such costs are allowable only to the extent that they would have been allowable if incurred after the date of the award and only with the prior written approval of the Department.