Earned Value Management System. An earned value management system (EVMS) means a project management tool that effectively integrates the project scope of work with cost, schedule and performance elements for optimum project planning and control. The qualities and operating characteristics of EVMS are described in American National Standards Institute /Electronics Industries Alliance (ANSI/EIA) Standard-748. An EVMS is not mandatory; however, Contractors are encouraged to have an EVMS ANSI/EIA Standard-748 during the entire term of OASIS. The Contractor shall notify the OASIS CO, in writing, if there are any changes in the status of their EVMS and provide the reasons for the change and copies of audits by the Defense Contract Management Agency (DCMA) or other cognizant Government administration office, as applicable. If only part of a Contractor’s organization is EVMS ANSI/EIA Standard-748 certified, the Contractor shall make the distinction between which business units or sites and geographic locations have been certified.
Earned Value Management System. When Earned Value Management (EVM) is determined to be applicable to an individual Order, the provisions and clause FAR 52.234-2, 52.234-3, 52.234-4 applies. (Refer to Section H.1)
Earned Value Management System. (EVMS) An EVMS means a project management tool that effectively integrates the project scope of work with cost, schedule and performance elements for optimum project planning and control. The qualities and operating characteristics of EVMS for HCaTS SB are prescribed in American National Standards Institute/Electronics Industries Alliance (ANSI/EIA) Standard-748. An EVMS is not mandatory; however, Contractors are encouraged to have an EVMS during the entire ordering period of their HCaTS SB contract. If the Contractor’s contract is inclusive of an EVMS, the Contractor shall maintain it for the rest of the ordering period. The Contractor shall notify the HCaTS SB CO and designated OCO(s) for affected task orders, in writing, if there are any changes in the status of its EVMS and provide the reason(s) for the change and copies of the associated documentation, as applicable. If only part of a Contractor’s organization has an EVMS, the Contractor shall make the distinction between which business units or sites and geographic locations have is compliant.
Earned Value Management System. The Offeror shall describe their in-house financial management system (i.e., Earned Value Management System (EVMS) or equivalent) it will employ to help the ONR Program Officer measure the performance and effect corrective actions as needed for each of the tasks. This system must be capable of accurately tracking expenditures, analyzing the expenditure of funds in light of work accomplished and quantifying technical problems in terms of cost and schedule. Favorable and unfavorable cost and/or schedule variances that exceed +/- 20% shall be identified and reported along with proposed corrective actions. This does not need to be a complex EVMS. It is intended to provide a simple means of correlating technical progress to budget progress.
Earned Value Management System. H.30 Labor Subject to the Xxxxx-Xxxxx Act & the Service Contract Act H.30.1 Labor Subject to the Xxxxx-Xxxxx Act 17 H.30.2 Labor Subject to the Service Contract Act (SCA) 17 H.31 Non-Personal Services 17 H.32 Electronic Products Environmental Assessment Tool 18 List of Tables Table Page Table H-1. Small Business Subcontracting Goals 2
Earned Value Management System
