48 C.F.R. § 1816.001

Definitions.

Last amended: 2017Year: 2026Length: 95 wordsOfficial source

Cite as 48 C.F.R. § 1816.001 (2026)

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]
48 C.F.R. § 1816.001: Definitions. | Justis AI