WebThe terms required by the Incentive Price Revision – Firm Target clause appear below. Target Cost: $1,000,000 Target Profit: $ 150,000 Target Price: $1,150,000 Ceiling Price: $1,250,000 Gov't/KTR Share: 80/20 under, 90/10 over Though still below PTA, Butler Company informs you that they are expecting to exceed target cost by $100,000.

FAR Clause 52.216-16 Incentive Price Revision-Firm Target.

WebDec 15, 2024 · The revision reads as follows: 52.216–16 Incentive Price Revision—Firm Target. * * * * * Incentive Price Revision—Firm Target (Jan 2024) * * * * * 5. Amend section 52.216–17 by— a. Revising the date of clause; and b. Removing from paragraph (i)(2) the phrase ‘‘by the amount of any applicable tax credits due the Contractor under 26 Web52.216–16 Incentive Price Revision— Firm Target. As prescribed in 16.406(a), insert the following clause: INCENTIVE PRICE REVISION—FIRM TARGET (OCT 1997) (a) General. The supplies or services identi-fied in the Schedule as Items ll [Contracting Officer insert Schedule line item numbers] are subject to price revision in ac- floral fascinator derby louisville florist

eCFR :: 48 CFR 52.215-9 -- Changes or Additions to Make-or-Buy …

WebRevision—Firm Target. FAR 52.216-17 Incentive Price Revision—Successive Targets. Contract file documentation should include: • A copy of the contractor’s final cost … http://www.wifcon.com/discussion/index.php?/topic/2857-price-redetermination-retroactive-impact-of-final-overhead-rates/ WebThe amount of price improvement per share may be less than the minimum quotation price increment (typically, one cent). For example, say you place an order to buy 1,000 shares of … floral fascination plate