Current through November 30, 2024
Section 216.401 - General(c) See PGI 216.401(c) for information on the Defense Acquisition University Award and Incentive Fees Community of Practice.(d) The determination and findings justifying that the use of an incentive- or award-fee contract is in the best interest of the Government, may be signed by the head of contracting activity or a designee-(i) No lower than one level below the head of the contracting activity for award-fee contracts; or(ii) One level above the contracting officer for incentive-fee contracts.(e) Award-fee plans required in FAR 16.401(e) shall be incorporated into all award-fee type contracts. Follow the procedures at PGI 216.401(e) when planning to award an award-fee contract. 75 FR 78619 , Dec. 16, 2010, as amended at 76 FR 8305 , Feb. 14, 2011, 84 FR 65307 , Nov. 27, 2019; 87 FR 65513 , Oct. 28, 2022 84 FR 65307 , 11/27/2019; 87 FR 65513 , 10/28/2022