Examples of CAF in a sentence
The GSA GWAC Program intends to close out the Master Contractwithin 18 monthsof final Task Order expiration, and without waiting for the OCO to issue closeout modifications to their respective Task Orders, subject to the following conditions: (1) all of the Contractor’s Task Orders are physically complete; (2) no further claims against the GSA GWAC Program; and (3) the GWAC Program has determined that the Contractor has adequately met its CAF payment commitment.
Other elements of CPARS evaluation or another contract performance assessment report the Government may include in a Master Contract CPARS are the Contractor's compliance to administrative requirements noted throughout Sections G, H, and J Attachments, e.g., timely CAF submissions, timely reporting of awarded Task Orders and Modifications, correctly reporting transactional data, updating company websites, PMR attendance.
As requested by the Program Office, Contractors shall insure corrections to Order, Invoice and CAF Data is accomplished with the date specified in Section F.7.
If indirect rate adjustments, e.g., resulting from incurred costs audits, are completed and/or received after the Master Contract closeout date, no additional CAF adjustments shall be reported or applied to the Task Order(s).
If during any respective month(s), the Contractor doesn't report a Paid Invoice on an active Task Order, the Contractor must report a Zero invoice for that Task Order so GSA will know there will be no CAF expected for the month.