As prescribed in 1816.406-70(d), insert the following clause:
Estimated Cost and Incentive Fee (OCT 1996)
The target cost of this contract is $______. The target fee of this contract is $______. The total target cost and target fee as contemplated by the Incentive Fee clause of this contract are $______.
The maximum fee is $______.
The minimum fee is $______.
The cost sharing for cost underruns is: Government ____ percent; Contractor ____ percent.
The cost sharing for cost overruns is: Government ____ percent; Contractor ____ percent.
(End of clause)
[62 FR 3486, Jan. 23, 1997, as amended at 62 FR 36733, July 9, 1997]
source: 54 FR 28340, July 5, 1989, unless otherwise noted.
cite as: 48 CFR 1852.216-84