STREAMLINED ORDERING PROCEDURE Sample Clauses

STREAMLINED ORDERING PROCEDURE. Level of Effort (▇▇▇) Orders will be issued under this contract using the following streamlined ordering procedures: (1) For each proposed order, the PCO will provide the contractor with a Task Order (TO) and an Independent Government Cost Estimate (IGCE). The IGCE is an estimate of labor hours by labor category utilizing the estimated and negotiated Composite Labor rates table below to calculate the total estimated cost for the proposed TO. The TO fixed fee is calculated using Section H Clause, H-3 FIXED FEE and Section G Clause, 5252.232-9510 PAYMENT OF FIXED FEE (NAVAIR). (2) These Composite rates are estimates, and invoicing will be based upon actual costs incurred. Ceiling for Other Direct Costs (ODC) will be priced in accordance with the Government estimate. TOs crossing multiple years will be estimated by the Government using the composite rates for each year in proportion to the period of performance of the TO. The composite rates below are exclusive of fixed fee.