Question
You are the contracting officer on an undefinitized contract action (UCA) that has 50% costs are incurred, and you are currently in negotiations to definitize
You are the contracting officer on an undefinitized contract action (UCA) that has 50% costs are incurred, and you are currently in negotiations to definitize a UCA. Your prenegotiation clearance profit rate, assuming 0% costs incurred, was 12% for the firm-fixed-price (FFP) contract. How should the 50% costs incurred influence your negotiation?
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
