Cost Plus Fixed Fee (CPFF) definition
Examples of Cost Plus Fixed Fee (CPFF) in a sentence
For example, an Order may request a Cost Plus Fixed Fee (CPFF) proposal for the first year of the Order, with any subsequent year to be offered as FP.
This individual shall have experience in Firm Fixed Price (FFP) and Cost Plus Fixed Fee (CPFF), contracts and should have a minimum of 10 years of federal contracting experience (either working with the Government or for a DoD Contractor).
The Government may issue DO/TOs on a Firm Fixed Price (FFP), Cost Plus Fixed Fee (CPFF), and Cost Reimbursable (CR) basis.
As such, both Firm Fixed Price (FFP) and Cost Type (i.e. Cost Plus Fixed Fee (CPFF) and/or Cost Reimbursable (CR)) DO/TOs may be awarded under this contract however, FFP will be the preferred contract type.
The term “Target Price” as it appears in this Contract shall mean the total estimated amount for the Cost Plus Fixed Fee (CPFF).
The CWBS shall be extended to the lowest appropriate level required by the Government to provide adequate management, surveillance, and performance measurement and shall be the basis for tracking, controlling, measuring and reporting all costs (for Cost Plus Fixed Fee (CPFF) CLINS), risks and schedule performance under this contract.
The government will award Cost Plus Fixed Fee (CPFF) Task Orders against a single award Indefinite Delivery, Indefinite Quantity (IDIQ) contract.
This award is a COST REIMBURSEMENT (CR) type contract: Cost Plus Fixed Fee (CPFF) contract for Research and Development, with a 40 month Base Period.
The resultant contract type for the USARCC-C IT Support requirements will be Cost Plus Fixed Fee (CPFF) with CPFF type CLINs for Labor and Overtime and a Cost type CLIN for Other Direct Costs (Travel and Training).
Cost Reimbursement, Cost Plus Fixed Fee (CPFF) Level of Effort (▇▇▇) Term, CPFF Completion, and Firm Fixed Price (FFP) Task Orders will be issued hereunder.