by David Capitano, Instructor/Cost Accounting Consultant | Nov 19, 2012 | The Clause Column
Applicability: This FAR solicitation provision, which is incorporated into the contract and thus becomes a clause, specifies the percentage of work that must be performed by a small business concern when it receives a set aside reserved for small businesses. The...
by David Capitano, Instructor/Cost Accounting Consultant | Nov 15, 2012 | The Clause Column
Applicability: FAR 52.212-4 applies to acquisitions for commercial items. Alternate I of that clause is included when the acquisition of commercial items will be awarded using a time-and-materials (T&M) or labor-hour contract (LH). Key Requirements: ...
by David Capitano, Instructor/Cost Accounting Consultant | Nov 8, 2012 | The Clause Column
Applicability: This FAR clause specifies the payment terms for Time-and-Materials (T&M) and Labor-Hour (LH) contracts that were not acquired using FAR Part 12 (commercial items). The clause is included in solicitations and contracts when a time-and-materials or...
by David Capitano, Instructor/Cost Accounting Consultant | Nov 1, 2012 | The Clause Column
Applicability: These two FAR provisions work together to enforce the FAR limitations on pass-through charges. Both the solicitation provision (FAR 52.215-22) and the contract clause (FAR 52.215-22) are included in civilian and DoD contracts when the estimated...
by David Capitano, Instructor/Cost Accounting Consultant | Oct 22, 2012 | The Clause Column
Applicability: Contracts/subcontracts and/or modifications where the Truth in Negotiations Act (TINA) applies. Note that the application of TINA is determined on a contract by contract action basis. For example, an initial contract award could be covered, but a...