48 C.F.R. § 1816.001

Current through May 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