§216.401. General.
48 C.F.R. § 216.401
See PGI 216.401(c) for information on the Defense Acquisition University Award and Incentive Fees Community of Practice.
The determination and findings justifying that the use of an incentive- or award-fee contract is in the best interest of the Government, may be signed by the head of contracting activity or a designee—
No lower than one level below the head of the contracting activity for award-fee contracts; or
One level above the contracting officer for incentive-fee contracts.
Award-fee plans required in FAR 16.401(e) shall be incorporated into all award-fee type contracts. Follow the procedures at PGI 216.401(e) when planning to award an award-fee contract.
Notes, amendments, and revision history
Amendments
[75 FR 78619, Dec. 16, 2010, as amended at 76 FR 8305, Feb. 14, 2011, 84 FR 65307, Nov. 27, 2019; 87 FR 65513, Oct. 28, 2022]
Authority
Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.
Source
Source: 56 FR 36340, July 31, 1991, unless otherwise noted.
Amendments
[75 FR 78619, Dec. 16, 2010, as amended at 76 FR 8305, Feb. 14, 2011, 84 FR 65307, Nov. 27, 2019; 87 FR 65513, Oct. 28, 2022]