Common use of TASK ORDER PRICING Clause in Contracts

TASK ORDER PRICING. Unless otherwise directed by the Department, the Project Management Contractors shall include with each Task Order Proposal a proposed lump sum price for the work. The proposed lump sum price shall be based on the estimated level of effort required to fully complete the work multiplied by the approved fully loaded hourly rates established in the Project Management Contractor’s IDIQ contract and shall be submitted on a pricing form to be provided by the Department. As such, with each Task Order Proposal, the Offerors shall prepare a detailed level of effort chart that shows the expected time commitment for each of its proposed staff members by month throughout the expected duration of the engagement. That level of effort (expressed in hours) will be multiplied by the approved hourly rate for each such individual and converted into a firm, fixed price for the entire team. This information should be presented in a tabular format with each Task Order Proposal submitted by the Project Management Contractor. The Department reserves the right to adjust the overall level of effort or its composition as part of the Task Order negotiation process. The Department also reserves the right to award Task Orders on an hourly basis.