Payment of fixed fee.

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1852.216-75 Payment of fixed fee.

As prescribed in 1816.307-70(c), insert the following clause:

Payment of Fixed Fee (DEC 1988)

The fixed fee shall be paid in monthly installments based upon the percentage of completion of work as determined by the Contracting Officer.

(End of clause)

[62 FR 3484, Jan. 23, 1997]


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