HUDAR 2452.216-80 — Estimated cost and fixed-fee

HUDAR — Housing and Urban Development · Contract clause · dated APR 2019 · prescribed in 2416.307

Official text of 2452.216-80

As prescribed in 2416.307(b), insert the following clause:

ESTIMATED COST AND FIXED-FEE (APR 2019)

(a) It is estimated that the total cost to the Government for full performance of this contract will be $______[Contracting Officer insert amount], of which $______[Contracting Officer insert amount] represents the estimated reimbursable costs, and $______[Contracting Officer insert amount] represents the fixed fee.

(b) If this contract is incrementally funded, the following shall apply:

(1) Total funds currently available for payment and allotted to this contract are $______[Contracting Officer insert amount], of which $______[Contracting Officer insert amount] represents the limitation for reimbursable costs and $ ______[Contracting Officer insert amount] represents the prorated amount of the fixed fee (see also the clause at FAR 52.232-22, “Limitation of Funds” herein).

(2) If and when the contract is fully funded, as specified in paragraph (a) of this clause, the clause at FAR 52.232-20, “Limitation of Cost,” herein, shall become applicable.

(3) The Contracting Officer may allot additional funds to the contract up to the total specified in paragraph (a) of this clause without the concurrence of the contractor.

(End of clause)

Where it's prescribed

As prescribed in 2416.307(b), insert the following clause:

Verifying this text

The text above is reproduced verbatim from GSA's published source files for the Housing and Urban Development supplement. The controlling version is the one in the Code of Federal Regulations: 2452.216-80 on eCFR.