Current through October 31, 2024
Section 970.5227-7 - Royalty informationInsert the following provision in solicitations in accordance with 970.2702-4:
Royalty Information (DEC 2000)
(a)Cost or charges for royalties. If the response to this solicitation contains costs or charges for royalties totaling more than $250, the following information shall be included in the response relating to each separate item of royalty or license fee:(1) Name and address of licensor;(2) Date of license agreement;(3) Patent numbers, patent application serial numbers, or other basis on which the royalty is payable;(4) Brief description, including any part or model numbers of each contract item or component on which the royalty is payable;(5) Percentage or dollar rate of royalty per unit;(6) Unit price of contract item;(8) Total dollar amount of royalties.(b) Copies of current licenses. In addition, if specifically requested by the Contracting Officer before execution of the contract, the offeror shall furnish a copy of the current license agreement and an identification of applicable claims of specific patents or other basis upon which the royalty may be payable.(End of provision)