RFP_Attach_3_SubKtr_and_Joint_Venture_Partner_Consent.docx.pdf
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- Solicitation number
- FA8202-18-R-1001
About this file
This document outlines an incentive schedule for a federal contract to produce an Advanced-Wing Continuation Kitting for the A-10 Thunderbolt aircraft. The contractor may earn up to $17 million in additional profit for meeting key performance metrics, including $12 million for delivering a First Article within 24 months of contract award, with $100,000 deducted for each open issue and $1 million deducted for each month over schedule. An additional $5 million is available for on-time deliveries of Low Rate Initial Production lots 1 through 3 after the First Article, with deductions for open issues and delays against monthly deadlines. The incentive fee is based on actual delivery dates against the outlined schedule.
RFP Attach 3 - Subcontractor and Joint Venture Partner Consent Document
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CLIN 0005
SCHEDULE INCENTIVE ATTACHMENT
In addition to the profit/fee set forth elsewhere in the contract, the Contractor may earn an additional amount of up to $17,000,000 for meeting appropriate performance and schedule metrics as determined through application of the objective criteria outlined below:
First Article (FA) Incentive: An incentive of $12,000,000 may be earned for a First Article delivered within 24 months after contract award. Deductions will be calculated based on calendar months and open issues without approved corrective action as follows:
- $100,000 will be deducted for every issue without approved corrective action at FA delivery o Request for Variance will be approved or deductions calculated on a case by case basis
- $1,000,000 will be deducted for each month delivery exceeds the 24 month incentivized schedule
Low Rate Initial Production (LRIP) Incentive: An incentive of $5,000,000 may be earned for LRIPs delivered after FA as follows:
- LRIP 1 delivery = FA + 3 months
- LRIP 2 delivery = FA + 5 months
- LRIP 3 delivery = FA + 7 months
Deductions will be calculated based on calendar months and open issues without approved corrective action as follows:
- $100,000 will be deducted for every issue without approved corrective action at LRIP 3 delivery o Request for Variance will be approved or deductions calculated on a case by case basis
- $1,000,000 will be deducted for each month delivery exceeds any monthly deadline stated above
The incentive fee will be based on delivery date.
File details come from the government source that posted it. Updated .