Travel on Firm Fixed Price Orders. The TO CO may either treat travel as a reimbursable expense (in which case the procedures at section 11.1 above apply) OR the TO CO may allow travel to be included in the lump sum quote for a Firm Fixed Price order. In this case, fair and reasonable pricing determination may be based on competition amongst Firm Fixed Price quotes (rather than the FTR). For example, a contractor may decide to quote Firm Fixed Price travel expenses equating to less than that allowed by the FTR in order to be more price competitive.
Appears in 8 contracts
Samples: Blanket Purchase Agreement, Blanket Purchase Agreement, Blanket Purchase Agreement
