Contract Adjustment Threshold Sample Clauses

Contract Adjustment Threshold. The contractor shall not receive an equitable adjustment to estimated cost or fee of this contract for any change, directed under the authority of the "Changes-Cost Reimbursement" clause of this contract or any other change authority, which is not estimated to have a cost impact in excess of $200,000 per action until such time as the aggregate of the estimated costs of such changes equals $7,600,000 in the basic contract period. $1,520,000 for option 1A, $3,040,000 for option 1B and $3,040,000 for option 1C. After reaching the original thresholds identified above for option periods 1B and 1C, an additional threshold of $2,000,000 inclusive of fee shall be available, each option period, for changes not estimated to have a cost impact in excess of $200,000 per action. For these changes below the per action threshold, and exceeding the original thresholds, written direction will be provided by the contracting officer describing the requirements and citing the negotiated estimated cost and fee. Within 30 days of the end of each award fee period, an adjustment will be made to contract value based on the total estimated cost and fee for the B-5 actions placed under the additional contract adjustment threshold during the award fee period. (Mod 342) If the net aggregate of changes estimated at $200,000-and-below reaches the above aggregate thresholds within the specified contract period, equitable adjustment(s) will be made in accordance with the contract’s Changes clause for those cost impacts from additional changes in excess of the above stated threshold. (Mod 135)