Operating Status
FULLY OPERATIONAL
OPERATING STATUS
This response is based on the information provided. We suggest you discuss with your contracting team, program manager and/or legal department as appropriate.
An impact of using a cost reimbursement is that it can delay closing the contract while waiting for indirect costs of the company to be audited and settled if you cannot apply quick closeout procedures.
If you establish a CLIN as FFP, once the government exercises the CLIN, the contractor has a right to all dollars on that CLIN.
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