Estimated cost and incentive fee.

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1852.216-84 Estimated cost and incentive fee.

As prescribed in 1816.406-70(d), insert the following clause:

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)

[62 FR 3486, Jan. 23, 1997, as amended at 62 FR 36733, July 9, 1997]


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