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53 FR 46538, Nov. 17, 1988, unless otherwise noted.
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As prescribed in 2416.307(b), insert the following clause:
(a) It is estimated that the total cost to the Government for full performance of this contract will be $______[Contracting Officer insert amount], of which $______[Contracting Officer insert amount] represents the estimated reimbursable costs, and $______[Contracting Officer insert amount] represents the fixed fee.
(b) If this contract is incrementally funded, the following shall apply:
(1) Total funds currently available for payment and allotted to this contract are $______[Contracting Officer insert amount], of which $______[Contracting Officer insert amount] represents the limitation for reimbursable costs and $ ______[Contracting Officer insert amount] represents the prorated amount of the fixed fee (see also the clause at FAR 52.232-22, “Limitation of Funds” herein).
(2) If and when the contract is fully funded, as specified in paragraph (a) of this clause, the clause at FAR 52.232-20, “Limitation of Cost,” herein, shall become applicable.
(3) The Contracting Officer may allot additional funds to the contract up to the total specified in paragraph (a) of this clause without the concurrence of the contractor.
(End of clause)
[84 FR 15130, Apr. 15, 2019]