Regulations last checked for updates: Nov 22, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
1816.001 - 1816.001 Definitions.

As used in this part—

Earned award fee means the payment of the full amount of an award fee evaluation period's score/rating.

Term-determining official means the designated Agency official who reviews the recommendations of the Award-Term Board in determining whether the contractor is eligible for an award term.

Unearned award fee means the difference between the available award fee pool amount for a given award fee evaluation period less the contractor's earned award fee amount for that same evaluation period.

[81 FR 50366, Aug. 1, 2016, as amended at 82 FR 34418, July 25, 2017]
authority: 51 U.S.C. 20113(a) and 48 CFR chapter 1
source: 62 FR 3478, Jan. 23, 1997, unless otherwise noted.
cite as: 48 CFR 1816.001