Common use of Fixed Price Order Type Clause in Contracts

Fixed Price Order Type. The OCO must determine fair and reasonable pricing for all Fixed-Price Orders in accordance with FAR subpart 15.4, FAR subpart 16.2, applicable law, and agency regulation/policy. STARS III is a competitively awarded 8(a) Master Contract. Fixed price proposals must include the CAF as a separate element/line item. When calculating the fixed price, the CAF must be applied last.

Fixed Price Order Type. 10.1. The OCO must determine fair and reasonable pricing for all Fixed-Price Orders in accordance with FAR subpart 15.4, Pricing, and FAR subpart 16.2, applicable lawFixed-Price Contracts, and customer agency regulation/policy. STARS III II is a competitively awarded 8(a) Master ContractBasic Contract and it is important for OCOs to note such in documenting their price analysis. Further competition for Orders is another valuable price analysis consideration. Fixed price proposals must shall include the CAF as a separate element/line itemContract Access Fee (CAF). When calculating the fixed price, the CAF must shall be applied last.