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A mobilization payment is an ... although these lead to increased fees and bureaucracy ... Retainage should not be used as a substitute for good contract management ...
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Incentive Fee Contract (FPIF) is a "type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets the defined performance criteria".
In accordance with Decree No. 303 of 17 March 2014, a partial mobilization of those liable for military service was started. On 1 May 2014, due to the aggravation of the situation in eastern Ukraine, conscription for military service, canceled during the reign of Yanukovych, was restored, that is, the transition to professional armed forces was canceled.
Cost-plus-incentive fee (CPIF) contracts have a larger fee awarded for contracts which meet or exceed certain performance goals, for example being on schedule and any cost savings. [1] Cost-plus-award fee (CPAF) contracts pay a fee based upon the contractor's product. An aircraft development contract, for example, may pay award fees if the ...
The Federal Acquisition Regulation (FAR) is the principal set of rules regarding Government procurement in the United States, [1] and is codified at Chapter 1 of Title 48 of the Code of Federal Regulations, 48 CFR 1.
With a lump sum contract or fixed-price contract, the contractor assesses the value of work as per the documents available, primarily the specifications and the drawings. At pre-tender stage the contractor evaluates the cost to execute the project (based on the above documents such as drawings, specifications, schedules, tender instruction and ...
Condo owners used own cable, internet providers until board signed contract for everyone. Must I change providers? Pay monthly fee? Expert weighs in.
A government contract flight is a type of charter airline operation contracted with a government agency. In the United States , the massive mobility requirements during World War II proved that military transport could not meet all the logistical needs that might arise.