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| NASA | RIN: 2700-AD69 | Publication ID: Spring 2011 |
| Title: NASA FAR Supplement, Award Fee | |
| Abstract: This rule revises the NASA FAR Supplement, part 1816 to align with FAR changes made by FAR Case 2008-008, final rule published in FAC 2005-46 in the FR on September 29, 2010. The FAR rule links award fees to acquisition objectives in the areas of cost, schedule, and technical performance; clarifies that a base fee amount greater than zero may be included in a cost-plus-award-fee type contract at the discretion of the contracting officer; prescribes narrative ratings that will be utilized in award-fee evaluations; prohibits the issuance of award fees for a rating period if the contractor's performance is judged to be below satisfactory; requires COs to a risk and cost-benefit analysis and consider the results of the analysis when determining whether to use an incentive-fee type contract or not; and prohibits the rolling over of unearned award fees to subsequent rating periods. All of these changes result in corresponding changes to NASA's award fee coverage at 1816. | |
| Agency: National Aeronautics and Space Administration(NASA) | Priority: Info./Admin./Other |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 48 CFR 1818 | |
| Legal Authority: 51 USC 20113(a) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Manuel Quinones Program Analyst, Office of Procurement National Aeronautics and Space Administration 300 E Street SW., Washington, DC 20746 Phone:202 358-2143 Email: manuel.quinones@nasa.gov |
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