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DOE/PR | RIN: 1991-AC06 | Publication ID: Fall 2014 |
Title: ●Provisional Payment of Profit or Fee | |
Abstract: This rulemaking amends the DOE Acquisition Regulation to incorporate a "Provisional Payment of Fee" clause for incentive-type contracts. Provisional payment of fee will allow the Government to provide provisional fee to a Contractor at interim times or events as established in the contract in addition to any earned fee based upon the incentive formula. Whereas earned fee belongs to the Contractor, provisional fee may be recouped by the Government if the final product or service does not meet contract incentive requirements and has not been earned at final inspection and acceptance. | |
Agency: Department of Energy(DOE) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: Undetermined |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 42 USC 7101 et seq 42 USC 2401 et seq |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Mike Dombrowski Procurement Analyst, Acquisition Management, MA-611 Department of Energy Acquisition and Project Management Department of Energy, 1000 Independence Avenue SW., Washington, DC 20585 Phone:202 287-1828 Email: michael.dombrowski@hq.doe.gov |