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Current as of January 02, 2025 | Updated by Findlaw Staff
As prescribed in 1516.406(b), insert the following provision:
Base Fee and Award Fee Proposal (FEB 1999)
For the purpose of this solicitation, offerors shall propose a combination of base fee and award fee. Base fee shall not exceed 3% of the estimated cost, excluding fee, and the award fee shall not be less than __% of the total estimated cost, excluding fee. The combined percentages of base and award fee shall not exceed __% of the total estimated cost, excluding fee.
(End of provision)
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.1552.216-75 Base fee and award fee proposal - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-1552-216-75/
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