October 2008
Intermediate to advanced
320 pages
4h 59m
English
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CHAPTER 12Fee Payment (CPFFGovernment Contracts)
Occasionally, buyer will include payment language that does not comply with the FAR or alternate government agency regulations. For example, requesting that seller withhold 15 percent of the fee on each cost plus fixed fee (CPFF) invoice differs from the FAR, which requires that the withholding take place only once 85 percent of the total funded contract value is reached. “Buyer will withhold 15 percent of the fees charged on each invoice for cost type services performed” typifies language that does not comply with the FAR.
RISK
By agreeing to language that provides more rights to buyer than identified in the FAR, seller may be tying up money that could be used for other purposes.
RESPONSE
Pay ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.