D.C. Mun. Regs. tit. 8, r. 8-B3021

Current through Register Vol. 71, No. 49, December 6, 2024
Rule 8-B3021 - TYPES OF CONTRACTS
3021.1

The CCO shall utilize the type or types of contract described in this section for each method of procurement, unless a different type of contract is in the best interest of the University.

3021.2

When the competitive sealed bidding method of procurement is utilized, the CCO shall utilize either a firm-fixed-price or a fixed-price with economic price adjustment type contract , unless a different type of contract is in the best interest of the University.

3021.3

The CCO shall use a firm-fixed-price contract when the requirement is clearly defined and can be priced on a firm-fixed-price basis and when the risk involved is minimal to the University, unless a different type of contract is in the best interest of the University.

3021.4

The CCO shall give preference to selecting contract types in the following order:

(a) Fixed-price type;
(b) Cost-reimbursement;
(c) Time and materials;
(d) Labor hour; and
(e) Other types.
3021.5

The CCO shall ensure that all contracts entered into by the University include all applicable clauses to protect the University's interests.

D.C. Mun. Regs. tit. 8, r. 8-B3021

Final Rulemaking published at 57 DCR 2630 (Mar. 2010)
Authority: D.C. Official Code § 38-1202.01 (2001 ed.)