Common use of Firm-Fixed Price Task Orders Clause in Contracts

Firm-Fixed Price Task Orders. For Firm-Fixed Price (FFP) task order Request for Proposals (RFPs), the contractor will multiply the quantity of each item or labor category required against the rate listed in the pricing schedule (Tables 1 and 2 under Article B.7) or as negotiated for the task, and the cumulative extended total of all items ordered will define the FFP for the task. Travel and other-direct-cost (ODC), if applicable, may be estimated for each task order. Any amount negotiated for travel and ODCs, will be added to the extended price of all ordered items to arrive at the total FFP for the task order. The OCO must determine fair and reasonable pricing for all fixed-price task orders following FAR 15.4, Pricing.

Appears in 10 contracts

Samples: Cio Sp3 Contract Modification, Cio Sp3 Contract Modification, Cio Sp3 Contract Modification

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