overrun of costs uncer CPFF completion
Started by jeff4757 · Mar 24, 2014 · 2 replies
- jOriginal post
jeff4757
Mar 24, 2014 · 12y ago
Our company has a CPFF completion type contract and have experienced a cost overrun. I understand under this type of contract that additional incurred costs are allowable-without FEE of course.
Is there a specific clause that cites this allowance and is there a specific format to request reimbursement of these costs?
Thank you for any feedback.
- j
ji20874
Mar 24, 2014 · 12y ago
See the contract clause at FAR 52.232-20 Limitation of Cost or at FAR 52.232-22, Limitation of Funds, whichever is in your contract.
- w
wvanpup
Mar 24, 2014 · 12y ago
Also try 52.216-8, Fixed Fee