48 C.F.R. § 1816.001

Current through October 31, 2024
Section 1816.001 - Definitions

As used in this part-

Earned award fee means the payment of the full amount of an award fee evaluation period's score/rating.

Term-determining official means the designated Agency official who reviews the recommendations of the Award-Term Board in determining whether the contractor is eligible for an award term.

Unearned award fee means the difference between the available award fee pool amount for a given award fee evaluation period less the contractor's earned award fee amount for that same evaluation period.

48 C.F.R. §1816.001

81 FR 50366 , Aug. 1, 2016, as amended at 82 FR 34418 , July 25, 2017
81 FR 50366 , 8/31/2016; 82 FR 34418 , 8/24/2017