Clause 52.216-8 states you can withhold up to 15% or $100,000 of fee. The clause states when you can release 75% and 90% of the withheld amount, but when does the pco release the final amount to pay them their fixed fee in full?
You are correct about what FAR 52.216-8 says concerning payment of fee on a CPFF contract. The last bit of fee that has been withheld is given to the contractor at contract closeout. This helps motivate the contractor to submit
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require paperwork for closeout.