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    (Showing 256 to 261 of 261 results found.)49.115 Settlement of terminated incentive contracts.49.115 Settlement of terminated incentive contracts., 49.115 Settlement of terminated incentive contracts., (a) Fixed-price incentive contracts. The TCO shall settle terminated fixed-price incentive (FPI) contracts under the provisions of paragraph (j) of the...FAR
          Subpart 49.2 - Additional Principles for Fixed-Price Contracts Terminated for ConvenienceSubpart 49.2 - Additional Principles for Fixed-Price Contracts Terminated for Convenience, Subpart 49.2 - Additional Principles for Fixed-Price Contracts Terminated for Convenience, Parent topic:, Part 49 - Termination of Contracts, 49.201 General., (a) A...FAR
          49.201 General.49.201 General., 49.201 General., (a) A settlement should compensate the contractor fairly for the work done and the preparations made for the terminated portions of the contract, including a reasonable allowance for profit. Fair compensation is a matter of...FAR
          49.202 Profit.49.202 Profit., 49.202 Profit., (a) The TCO shall allow profit on preparations made and work done by the contractor for the terminated portion of the contract but not on the settlement expenses. Anticipatory profits and consequential damages shall not be allowed...FAR
          49.203 Adjustment for loss.49.203 Adjustment for loss., 49.203 Adjustment for loss., (a) In the negotiation or determination of any settlement, the TCO shall not allow profit if it appears that the contractor would have incurred a loss had the entire contract been completed. The TCO shall...FAR
          49.204 Deductions.49.204 Deductions., 49.204 Deductions., From the amount payable to the contractor under a settlement, the TCO shall deduct- (a) The agreed price for any part of the termination inventory purchased or retained by the contractor, and the proceeds from any materials...FAR

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