GroundRules
48 CFR 1552.216-74: 1552.216-74 Payment of fee.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 15—ENVIRONMENTAL PROTECTION AGENCY
- SUBCHAPTER H—CLAUSES AND FORMS
- PART 1552—SOLICITATION PROVISIONS AND CONTRACT CLAUSES
- Subpart 1552.2—Texts of Provisions and Clauses
As prescribed in 1516.307(b), insert the following clause:
Payment of Fee (MAY 1991)
(a) The term fee in this clause refers to either the fixed fee under a cost-plus-fixed-fee type contract, or the base fee under a cost-plus-award-fee type contract.
(b) The Government will make provisional fee payments on the basis of percentage of work completed. Percentage of work completed is the ratio of direct labor hours performed to the direct labor hours set forth in clause 1552.211-73, Level of Effort—Cost-Reimbursement Term Contract.
(End of clause)
Collected 2026-08-27T02:26:29Z. Source file · JSON