Operating Status
FULLY OPERATIONAL
OPERATING STATUS
Look at the clauses that are in the contract and ensure FAR 52.232-22 for incrementally funded contracts is included, since it is required for any cost-reimbursement contract that is incrementally funded. FAR 52.232-22(l) states: If the Government does not allot sufficient funds to allow completion of the work, the Contractor is entitled to a percentage of the fee specified in the Schedule equaling the percentage of completion of the work contemplated by this contract.
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