$170 million If the independent variable used to predict Nanotech’s G&A rate was $6,278,947; the prediction interval for the dependent variable would be as a follows: Low Estimate High $4,119,792 $4,376,905 $4,636,018 Given this information, what would be the Government’s pessimistic, or less desirable, position for this indirect rate? 73.83% Given the criteria in the DFARS and the Nanotech R&D Case, when using the weighted guidelines (WGL) to develop your profit/fee objective, which of the following is best justified? The technology incentive
Recall the Nanotech proposal of record as follows: Material 559,200 Labor 565,760 ODC (includes 3.9% misc ODC) 1,912,704 Subtotal 3,037,664 G&A 73.5% 2,232,683 Subtotal Cost 5,270,347 Fee 20.0% 1,054,069 FCCOM 15,674 Total 6,340,090 The allocation base the contractor should have used to calculate the Facilities Capital Cost of Money (FCCOM) amount for G&A was: $3,037,664 You are analyzing a proposal from SensorSmart, Inc. for a cost-plus-incentive-fee (CPIF) R&D contract to develop a new sensor. The $5 million dollar proposal includes $1 million dollars in subcontract costs for the lease of a special test facility. Should you allow SensorSmart to add G&A and profit to the $1 million of subcontract costs? No, if SensorSmart cannot demonstrate “added value.” The underrun share ratio specified in the FPIF production contract awarded to Proto Design Inc. is listed as “60/40”? What does this mean? The Government keeps 60% of all cost underruns. You are preparing an RFP for a CPIF contract and are considering offering contract financing in the form of either performance-based payments or progress payments based on cost. Which form of financing may you offer? Neither form may be offered, if this will be a cost-reimbursement contract type. You are administering a contract with Sensoria for low-rate initial production of a new sensor. The contract includes a provision for performance-based payments, with three cumulative and two severable events. The contractor has submitted a request for payment for Events 2 and 3. Event 3 is cumulative to Event. 2. Sensoria has completed 95% of the event criteria for Event 2 and 100% of the event criteria for Event 3. May you approve the payment request? No for both events.
- Spring '16
- Government, Cost-plus contract