As prescribed in 1816.406-70(d), the contracting officer shall insert the clause at 1852.216-84, Estimated Cost and Incentive Fee, in cost-plus-incentive-fee solicitations and contracts.
ESTIMATED COST AND INCENTIVE FEE (OCT 1996)
The target cost of this contract is $ . The target fee of this contract is $ . The total target cost and target fee as contemplated by the Incentive Fee clause of this contract are $ .
The maximum fee is $____.
The minimum fee is $____.
The cost sharing for cost underruns is:
Government ____percent Contractor ____percent.
The cost sharing for cost overruns is:
Government ____percent Contractor ____percent.
(End of clause)
Subcontractor ✖ Time and Materials ✖ FFP ✖