Award Fee definition

Award Fee shall have the meaning assigned to such term in Section 6.3.2.
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Award Fee means the fee of EUR one million four hundred and twenty thousand (EUR 1,420,000) which is due and payable as specified in Clause 2.2 (Award Fee) hereof;
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Examples of Award Fee in a sentence

  • The Contractor's performance will be continually monitored by the performance monitors whose findings are reported to the Award Fee Review Board (AFRB).

  • The evaluation of the Contractor’s performance on the Task Order and the determination of Task Order award fees will be accomplished with an Award Fee Plan.

  • CLIN(s), Fixed-Price Incentive (Firm Target) CLIN(s), Fixed- Price Award Fee CLIN(s) only.

  • The At Risk Portion shall be used to establish and fund an award fee pool (“the Award Fee Pool”).

  • NUMERIC 25.2 BK 60 Contract Category Code CO = Cost; CF = Cost Plus Fixed Fee; CA = Cost Plus Award Fee; CI = Cost Plus Incentive Fee FP = Firm Fixed Price; FPAF - Fixed Price Award Fee; FPIF = Fixed Price Incentive Fee; LH = Labor Hour; PR = Products.

  • Within sixty (60) days after approval and full execution of this Agreement, the Department shall appoint a committee that will determine entitlement to the Award Fee Pool (such committee, the “Award Fee Evaluation Committee”).

  • Within sixty (60) days after approval and fully execution of this Agreement, the Department shall appoint a committee that will determine entitlement to those portions of the Award Fee Pool so designated below (such committee, the “Award Fee Evaluation Committee”).

  • The Award Fee Evaluation Committee will consist of: (i) the Department’s Deputy Director for Capital Construction; (ii) a senior representative from Client Agency; and (iii) a senior member of the Program Management team that is not involved in the day-to-day management of this Project that is acceptable to both Parties.

  • PRICING OF CONTRACT MODIFICATIONS (DEC 1991) 252.243-7002 Applies to Firm-Fixed-Price CLIN(s), Fixed-Price Incentive (Firm Target) CLIN(s), Fixed- Price Incentive (Successive Targets) CLIN(s), Fixed-Price Award Fee CLIN(s) only.

  • The Commission reserves the right to make unilateral changes to the Award Fee structure.