Time and Material (T&M) and Labor Hour Contracts (Is there a better choice?)
• Document, Document, Document • FAR 8.4, FAR 16.5, and NASA SEWP • GSA and Other non-DoD Agency End of Fiscal Year Support • Intra-governmental Value Added Network (IVAN) • Direct Acquisitions “Fees, Fees, Fees” DFARS 217.7802 requires an evaluation be conducted to determine whether using a non-DoD contract is in the best interest of DoD. In addition, DFARS 217.7802 says that cost effectiveness, including taking into account discounts and fees, are factors in the best interest decision. The best interest determination should also address the basis for concluding that the fees charged are: • fair and reasonable for the effort and expertise provided; and • commensurate with the tasks to be accomplished. Ultimately the decision to utilize the services of another agency to meet program needs is a business decision. Interagency contracting organizations such as DOI’s Acquisition Services Directorate (AQD) and the General Services Administration (GSA) charge a “fee” for their service. The f
Related Questions
- Are there any policies and procedures available which govern the new Time Reporting Codes (TRCs) added for the Time & Labor implementation?
- Word on the street is that Administrators are going to have to clock in and out everyday under the new Time & Labor system. Is that true?
- Time and Material (T&M) and Labor Hour Contracts (Is there a "better" choice?)
