A individual enumeration while in the agreement will be needless. 3 hours back, Vern Edwards claimed: You invented the expression "minimum guarantee" for that intent. Is usually that suitable? I’m really absolutely sure I didn’t invent the expression “minimal assure”. FAR language or not, it’s extensively utilised contract slang at least in my minimal planet. When utilizing this phrase, I mean it as synonym for “an IDIQ deal’s bare minimum amount”. three hours in the past, Vern Edwards mentioned: So an offeror would suggest a individual price for the main hour underneath Each and every CLIN that might enable it to recover its preset charges. Is the fact that ideal? They could. three hrs in the past, Vern Edwards claimed: have you at any time viewed a deal by which The federal government agreed to that? No, but There are plenty of presidency contracts I’ve in no way found. One thing identical which I have viewed is a “contract setup cost” CLIN.
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Low chance proposal: Capture all sunk expenses within a amount equaling the agreement’s minimum warranty amount. (Stepladder pricing?) Bigger possibility proposal: Unfold all sunk expenses assuming the check here most allowable will be ordered. I agree that disclosure of an estimate reflecting what is likely to become purchased would probably gain the Government. But I don’t Consider it’s necessary by FAR nor prevalent sense, notwithstanding GAO’s feeling.
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