FACTOR 3 - COST FACTOR Sample Clauses

FACTOR 3 - COST FACTOR. The contract will be a CPFF type contract. The Government will evaluate the realism of the Offerors’ proposed cost for the cost reimbursable effort through a probable cost analysis. In determining the evaluated cost, the Government’s determined probable cost, will be added to the Offerors’ proposed cost to obtain the total evaluated cost. The base program and all option years, including the option to extend services, shall be included in the cost/price calculation. Should the Government determine proposed prices are unrealistically low (an indication of “buy-in”), this will be considered a performance risk.
Sample 1
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FACTOR 3 - COST FACTOR a. The base year and all options shall be included in the cost/price calculation. The Government will evaluate all responsive offers for realism and reasonableness and balance of the offered prices. The Government may use any or all of the applicable techniques described in FAR 15.404-1. Any cost reimbursable CLINs will be evaluated for realism. Evaluation of options does not obligate the Government to exercise options. For evaluation purposes, FAR 52.217-8 will be added to the overall price evaluation and evaluated at 50% of the final option year most probable cost.
Sample 1

Related to FACTOR 3 - COST FACTOR

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1500.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • ADJUSTMENT FACTORS The Contractor will perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors. See the General Terms and Conditions for additional information.

  • Multiplier For Work assigned under this Agreement, a maximum multiplier of 2.9 for home office and 2.4 for field office shall apply to Consultant’s hourly Wage Rates in calculating compensation payable by the City. Said multiplier is intended to cover the Consultant employee benefits and the Consultant’s profit and overhead, including, without limitation, office rent, local telephone and utility charges, office and drafting supplies, depreciation of equipment, professional dues, subscriptions, stenographic, administrative and clerical support, other employee time or travel and subsistence not directly related to a project.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to their current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

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