FEE DEFINED Sample Clauses

FEE DEFINED. A. Award Fee Evaluation Period The Contractor may earn an award fee as determined by the Fee Determining Official (FDO). The Government's purpose in granting an award fee is to encourage and reward superior Contractor effort directed toward performance of this contract. The specifics for evaluation are set forth in the following paragraphs: 1. The award fee process consists of two evaluation phases. - An Award Fee Evaluation Period shall be established on a semi-annual basis, tentatively every six months beginning at contract award. Each Award Fee Evaluation Period will consist of Phase I and Phase II, as defined by this clause, which will be evaluated concurrently. The Award Fee Evaluation Period will include all scheduled availabilities, execution planning, and inter-availability work (i.e. Continuous Maintenance and Emergent Maintenance) completed within the tentative six month timeframe. Scheduled availabilities, execution planning, and inter-availability work CLINs will be considered completed sixty (60) days following completion of the work for that specific CLIN. - Phase I evaluates the Contractor’s performance in four categories: Management, Technical, Schedule, and Cost. Phase I also evaluates whether the Contractor met the requirement of using at least two small business subcontractors for each CNO scheduled availability and the extent to which the Contractor subcontracted to the special categories of small businesses detailed in Section H clause, “Small Business Subcontracting Requirement.” Specific Award Fee Pool values will be made available by the ACO after award and/or exercise of option(s). - All inter-availability work (i.e. Continuous Maintenance and Emergent Maintenance) completed during an evaluation period shall also be evaluated for award fee purpose concurrently with the execution planning and repair and alteration CLINs, regardless of when the inter-availability work commenced. - Phase II evaluates the extent to which the Contractor meets, does not meet, or exceeds the 40% small business subcontracting requirement described in Section H clause, “Small Business Subcontracting Requirement.” Phase II covers the Contractor’s subcontracting performance over a range of scheduled availabilities and Inter-availabilities ( to give the Contractor flexibility in meeting the Small Business Subcontracting requirement. The Phase II evaluation may result in an adjustment to the award fee calculated in Phase I. 2. In the event of discontinuance of ...
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Related to FEE DEFINED

  • EMPLOYEE DEFINED As used in this Section, "employee" means any person holding a regular, provisional, or temporary appointment in the County service, and otherwise subject to the provisions of this Memorandum of Understanding.

  • FTE Definition Effective September 1, 2017, part-time teacher FTE will be determined by the ratio of the teacher’s actual annual instructional time to the teacher instructional time of a full-time assignment in the teacher’s school. This FTE will be used to calculate the prorated portion of a teacher’s assignable time.

  • Employee Definitions A Regular Full-Time Employee is an employee who is employed on a full-time basis of 35, 37½, 40 or such other number of weekly hours as is recognized in the Collective Agreement as normal for a particular class of positions, for an indefinite period of time.

  • Overtime Defined All time worked before or after the regular work day, the regular work week or on a holiday, as specified herein, shall be considered overtime.

  • Cause Defined For purposes of this Agreement, the term "

  • Service Definition For purposes of this Agreement and Executive’s Compensatory Equity, “Service” shall mean service by the Executive as an employee and/or consultant of the Company (or any subsidiary or parent or affiliated entity of the Company) and/or service by the Executive as a member of the Board.

  • Overtime Definition Overtime shall be defined as being all hours worked in excess of the normal or standard work day, or in excess of the normal or standard work week. The overtime rate shall be one and one-half (1½) times the regular straight time hourly rate of pay. NOTE: Article 16.04 is applicable to full-time employees only.

  • – SCOPE & DEFINITIONS 2.01 The Employer recognizes the Union as the bargaining agent of all Registered and Graduate Nurses employed by Revera Long Term Care Inc. operating as Columbia Forest Long Term Care Centre, Waterloo, Ontario, in a nursing capacity save and except the Assistant Director of Care and persons above the rank of Assistant Director of Care. (a) A full-time employee shall mean an employee covered by this Agreement who is committed to and regularly works the full work period of seventy- five (75) bi-weekly hours, exclusive of overtime. (b) A regular part-time employee is one who is committed to and regularly works less than the full prescribed bi-weekly hours of work. (c) A casual part-time employee means an employee who is called to work on a call in basis, but who does not work a regular schedule, or does so only for a specified period. Such employee has the option of refusing work when it is made available to her, however, it is also understood that a casual part-time employee cannot unreasonably or consistently refuse to work shifts. 2.03 Whenever the feminine pronoun is used in this agreement, it includes the masculine pronoun, where the context so requires and vice-versa. Where the singular is used, it may also be deemed to mean the plural and vice-versa.

  • Amended Definition The following definition in Section 1.1 of the Credit Agreement shall be and it hereby is amended and restated in its entirety to read as follows:

  • Amended Definitions The following definitions in Section 1.01 of the Credit Agreement shall be and they hereby are amended and restated in their respective entireties to read as follows:

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