Common use of Sharing rates Clause in Contracts

Sharing rates. If a VECP is accepted, the Contractor shall share in net acquisition savings according to the percentages shown in the table below. The percentage paid the Contractor depends upon-- (1) This contract's type (fixed-price, incentive, or cost-reimbursement); (2) The sharing arrangement specified in paragraph (a) above (incentive, program requirement, or a combination as delineated in the Schedule); and (3) The source of the savings (the instant contract, or concurrent and future contracts), as follows: (Figures in Percent) Sharing Arrangement Incentive (Voluntary) Program Requirement (Mandatory) Contract Type Instant Contract Concurrent and Future Contract Rate Instant Contract Rate Concurrent and Future Contract Rate Fixed-price (includes fixed-price-award- fee; excludes other fixed-price incentive contracts) *50 *50 25 25 Incentive (fixed-price or cost) (other than award fee) (**) *50 (**) 25 Cost-reimbursement (includes cost-plus- award-fee; excludes other cost-type incentive contracts) ***25 ***25 15 15 * The Contracting Officer may increase the Contractor's sharing rate to as high as 75 percent for each VECP. ** Same sharing arrangement as the contract's profit or fee adjustment formula. *** The Contracting Officer may increase the Contractor's sharing rate to as high as 50 percent for each VECP.

Appears in 4 contracts

Samples: Contract, Contract, Contract

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Sharing rates. If a VECP is accepted, the Contractor shall share in net acquisition savings according to the percentages shown in the table below. The percentage paid the Contractor depends upon--upon- (1) This contract's ’s type (fixed-price, incentive, or cost-reimbursement); (2) The sharing arrangement specified in paragraph (a) above of this clause (incentive, program requirement, or a combination as delineated in the Schedule); and (3) The source of the savings (the instant contract, or concurrent and future contracts), as follows: (Figures in Percent) Sharing Arrangement Contract Type Incentive (Voluntary) Program Requirement (Mandatory) Contract Type Instant Contract Rate Concurrent and Future Contract Rate Instant Contract Rate Concurrent and Future Contract Rate Fixed-price (includes fixed-price-award- fee; excludes other fixed-price incentive contracts) *50 *50 25 25 Incentive (fixed-price or cost) (other than award fee) (**) *50 (**) 25 Cost-reimbursement (includes cost-plus- award-fee; excludes other cost-type incentive contracts) ***25 ***25 15 15 * The Contracting Officer Office may increase the Contractor's ’s sharing rate to as high as 75 percent for each VECP. ** Same sharing arrangement as the contract's ’s profit or fee adjustment formula. *** The Contracting Officer Office may increase the Contractor's ’s sharing rate to as high as 50 percent for each VECP.

Appears in 2 contracts

Samples: Additional Standard Terms and Conditions for Purchase Orders, Additional Standard Terms and Conditions for Purchase Orders

Sharing rates. If a VECP is accepted, the Contractor shall share in net acquisition savings according to the percentages shown in the table below. The percentage paid the Contractor depends upon-- upon (1) This this contract's type (fixed-price, incentive, or cost-reimbursement); , (2) The the sharing arrangement specified in paragraph (a) above (incentive, program requirement, or a combination as delineated in the Schedule); and , and (3) The the source of the savings (the instant contract, or concurrent and future contracts), as follows: (Figures in Percent) Sharing Arrangement Contract Type Incentive (Voluntary) Program Requirement (Mandatory) Contract Type Instant Contract Rate Concurrent and Future Contract Rate Instant Contract Rate Concurrent and Future Contract Rate Fixed-price (includes fixed-fixed- price-award- award-fee; excludes other fixed-price incentive contractsincentivecontracts) *(1) 50 *(1) 50 (1) 25 25 Incentive (fixed-fixed- price or cost) (other than award thanaward fee) (**2) *(1) 50 (**2) 25 Cost-Cost- reimbursement (includes costcost- plus-plus- award-fee; excludes other cost-type incentive contractsContracts) ***(3) 25 ***(3) 25 15 15 * The Contracting Officer may increase the Contractor's sharing rate to as high as 75 percent for each VECP. ** Same sharing arrangement as the contract's profit or fee adjustment formula. *** The Contracting Officer may increase the Contractor's sharing rate to as high as 50 percent for each VECP.

Appears in 2 contracts

Samples: Contract, Contract

Sharing rates. If a VECP is accepted, the Contractor shall share in net acquisition savings according to the percentages shown in the table below. The percentage paid the Contractor depends upon-- upon (1) This this contract's type (fixed-price, incentive, or cost-reimbursement); , (2) The the sharing arrangement specified in paragraph (a) above (incentive, program requirement, or a combination as delineated in the Schedule); and , and (3) The the source of the savings (the instant contract, or concurrent and future contracts), as follows: (Figures in Percent) Sharing Arrangement Contract Type Incentive (Voluntary) Program Requirement (MandatoryRequirement(Mandatory) Contract Type Instant Contract Rate Concurrent and Future Contract Rate Instant Contract Rate Concurrent and Future Contract Rate Fixed-price (includes fixed-fixed- price-award- award-fee; excludes other fixed-price incentive contractsincentivecontracts) *(1) 50 *(1) 50 (1) 25 25 Incentive (fixed-fixed- price or cost) (other than award fee) (**2) *(1) 50 (**2) 25 Cost-Cost- reimbursement (includes costcost- plus-plus- award-fee; excludes other cost-type incentive contractsContracts) ***(3) 25 ***(3) 25 15 15 * 15 (1) The Contracting Officer may increase the Contractor's sharing rate to as high as 75 percent for each VECP. ** . (2) Same sharing arrangement as the contract's profit or fee adjustment formula. *** . (3) The Contracting Officer may increase the Contractor's sharing rate to as high as 50 percent for each VECP.

Appears in 2 contracts

Samples: Contract, Contract

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Sharing rates. If a VECP is accepted, the Contractor shall share in net acquisition savings according to the percentages shown in the table below. The percentage paid the Contractor depends upon-- upon (1) This this contract's type (fixed-price, incentive, or cost-reimbursement); , (2) The the sharing arrangement specified in paragraph (a) above (incentive, program requirement, or a combination as delineated in the Schedule); and , and (3) The the source of the savings (the instant contract, or concurrent and future contracts), as follows: (Figures in Percentpercent) Sharing Arrangement Contract Type Incentive (Voluntary) Program Requirement (Mandatory) Contract Type Instant Contract Rate Concurrent and Future Contract Rate Instant Contract Rate Concurrent and Future Contract Rate Fixed-price (includes fixed-fixed- price-award- award-fee; excludes other fixed-price incentive contracts) *(1) 50 *(1) 50 (1) 25 25 Incentive (fixed-fixed- price or cost) (other than award fee) (**2) *(1) 50 (**2) 25 Cost-Cost- reimbursement (includes costcost- plus-plus- award-fee; excludes other cost-type incentive contractsContracts) ***(3) 25 ***(3) 25 15 15 * 15 (1) The Contracting Officer may increase the Contractor's sharing rate to as high as 75 percent for each VECP. ** . (2) Same sharing arrangement as the contract's profit or fee adjustment formula. *** . (3) The Contracting Officer may increase the Contractor's sharing rate to as high as 50 percent for each VECP.

Appears in 1 contract

Samples: Solicitation, Offer and Award

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