Common use of Performance Risk Clause in Contracts

Performance Risk. (1) Changes to Total Available Fee will accurately reflect the corresponding changes to the Contract with respect to performance risk as determined by DEAR 915.404-4-70, DOE structured profit and fee system and implemented by the profit-analysis factors defined in FAR 15.404-4, Profit. Accordingly, changes to the Contract resulting in an increase or decrease to the Contractor’s performance risk as defined in FAR 15.404-4(d)(1), shall cause a proportionate increase or decrease to the Total Available Fee. (2) If performance risk changes, the Contracting Officer may initiate a change or consider a request for equitable adjustment to the Contract Price and/or Schedule in accordance with the Section I Clause entitled, FAR 52.243-2, Changes – Cost Reimbursement, Alternates II, III, and IV.

Appears in 8 contracts

Samples: Contract, Contract, Contract

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