48 CFR 2152.216-71
2152.216-71 Fixed price with limited cost redetermination—service charge.
United States · 48 CFR — Federal Acquisition Regulations System · Status: effective
Cite this
- Citation
- 48 CFR 2152.216-71, 2152.216-71 Fixed price with limited cost redetermination—service charge, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/251950
- Permanent ID
ys:prov:251950@1- SHA-256
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Full text
As prescribed in 2116.270-1(b), insert the following clause when a service charge is negotiated:
(a) This is a fixed price with limited cost redetermination plus fixed fee contract, with the fixed fee in the form of a service charge. OPM will pay the Contractor the service charge as specified in a letter from the Contracting Officer.
(b) At the Contractor's request, OPM will furnish, during the third quarter of the current contract year, an accounting of the funds in the Employees' Life Insurance Fund as of the end of the second quarter of the contract year.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.