48 CFR ยง 1816.001 - Definitions.

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1816.001 Definitions.

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]