§334.201. Policy.
48 C.F.R. § 334.201
The Department of Health and Human Services applies the earned value management system requirement as follows:
For cost or incentive contracts and subcontracts valued at $20 million or more, the contractor's earned value management system shall comply with the guidelines in the American National Standards Institute/Electronic Industries Alliance Standard 748, Earned Value Management Systems (ANSI/EIA-748).
For cost or incentive contracts and subcontracts valued at $50 million or more, the contractor shall have an earned value management system that has been determined by the cognizant Federal agency to be in compliance with the guidelines in ANSI/EIA-748.
For cost or incentive contracts and subcontracts valued at less than $20 million—
The application of earned value management is optional at the discretion of the program/project manager and is a risk-based decision that must be supported by a cost/benefit analysis; and
A decision to apply earned value management shall be documented in the contract file.
For firm-fixed-price contracts and subcontracts of any dollar value the application of earned value management is discouraged.
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301; 40 U.S.C. 121(c)(2).
Source
Source: 80 FR 72151, Nov. 18, 2015, unless otherwise noted.