Elements of Cost
These cost are typically comprised of Labor Hours
Direct Costs
FAR Part that deals with Modifications
FAR Part 43
These types of delays are caused by Acts of God, Fires, Floods, Epidemics, Strikes
Excusable Delays
States period of time that Govt must provide notice of intent to exercise option
Option clause
Business and Contract
Types of Clearance for Competitive and Sole-Source acquisitions
Method of Reward for Contractor’s Risk
Profit/Fee
Permits changes in Drawings, Designs, or Specifications; Method of shipment or packing; place of delivery
Changes Clause for Fixed-Price Supplies
Failure of Contractor to meet delivery times
Non-Excusable Delay
Funds are Available, Still a Need, Option was synopsized, most advantageous method of fulfilling govt need, contractor not listed in EPLS
Requirements to be done prior to exercising option
This type of Clearance request has a negotiation range and requests to start negotiations
Sole-Source Business Clearance
These costs are primarily composed of such items of G&A, Fringe, Overhead
Indirect Costs
Contractor’s method of Adjustment for Unilateral Changes
Request for Equitable Adjustment (30 Days)
This type of delay can be the result of Govt Failure of to Provide Contractor GFP which delays completion
Excusable Delay
This will occur to contract if Govt fails to timely exercise option prior to end of period of performance
Contract is Dead
Needed approval to release Request for Proposal
Competitive Business Clearance
Warranties, Travel, Software Licenses, Consultants, Insurance.
Other Direct Costs
Changes made to Commercial Contracts
Made by agreement of both parties
Can be something of value or non-value requested from contractor for delays
Consideration
Documents findings of activities prior to exercising option
Determination to Exercise Option
Independent review and assessment of acquisition
Purpose of Clearance
This item(s) are typically needed in the Repair and/or Production of Assets
Materials
Permits changes to the description of services to be performed, time of performance, place of performance
Changes Clause Fixed-Price Services
Document can be used if a contractor fails to perform and/or deliver, or fails to make progress and endangers performance on contract
Cure Notice
Method that contract must be signed if Govt fails to timely notify contractor of Govt’s intent to exercise option, but contract, or period of performance has not expired yet.
Bilateral
Must obtain this if you are unable to conclude negotiations within an approved negotiation range
Delta Clearance Request/Approval