Volumetric based services Sample Clauses

Volumetric based services. At the time the RTOP is issued, the Government will identify the estimated quantity for the volumetric services as well as a percentage range from that quantity. Contractors will be expected to propose a lump sum FFP for these volumetric services taking into account the percentage range. This price will be utilized in the Task Order evaluation. In addition, contractors will be requested to provide a unit price for amounts offloaded above or below the stated percentage range. At the time the services are completed, the contractor will be paid according to the lump sum FFP proposed, adjusted only for any actual quantities vary from the estimated quantities stated in the RTOP, that are outside of the range established in the RTOP. Price 2 will not be part of the RTOP evaluation for award. All proposed prices at the task order level for both Price 1 and Price 2 shall not exceed the maximum prices indicated in the basic contract (i.e., in response to an RTOP, the proposed Price 1 shall not exceed the unit price in the basic contract extended by the estimated quantities in the RTOP, and the proposed Price 2 shall not exceed the unit price in the basic contract). As a result of this approach, the volumetric services will not include minimum guarantees. The contractor’s proposed unit prices should be inclusive of all costs as indicated in the pricing notes, paragraph
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Related to Volumetric based services

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