ACRI definition
Examples of ACRI in a sentence
Actual methodology to determine how savings will be calculated and allocated between the contractor and the Government will be developed, applied and mutually agreed to on a case-by-case basis for each ACRI.
This agreement made and entered into this 17th day of September, OF AGREEMENT ' This has reference to the current round of negotiations and changes made to letters of understanding involving the ACRI, and now reflecting agreement between the and only.
The contractor's share in contract savings shall be fifty percent (50%) for the first year after implementation of the ACRI, ▇▇rty percent (40%) for the second year, and thirty percent (30%) for each additional year, until termination or expiration of the contract.
Additional contractor's share of savings will be recognized in future Army contracts that are affected by an implemented ACRI.
If there are no future contracts, or if they are for fewer than three years of production or performance, the contractor shall automatically relinquish any claim to the balance of any ACRI ▇▇▇ings applicable to any such future contracts.
At a minimum, the following information should be submitted by the contractor for each ACRI ▇▇▇posal.