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Where to Find How Much Is Left on Directv Contract

Person signing contract with pen.

Contract type is a term put-upon to stand for differences in contract structure or form, including compensation arrangements and sum of risk (either to the government activity or to the contractor). Federal government contracts are commonly divided into two main types, fixed-monetary value and cost-reimbursement.

New contract types admit incentive contracts, time-and-materials, travail-hour contracts, unfixed-livery contracts, and letter contracts. This wide selection of contract types is available to the government and contractors to cater tractability in acquiring the large diverseness and volume of supplies and services required away agencies. Contract types vary according to:

  • The level and timing of the chance assumed past the contractor for the costs of public presentation
  • The amount and nature of the profit incentive offered to the contractor for achieving Beaver State exceptional specified standards operating room goals

While more than a dozen contract types are delineated in the Federal Acquisition Regularization (FAR) Part 16external icon, the postpone downstairs highlights CDC's most usually used contract types.

CDC's most normally ill-used concentrate types
Contract Type Description Applications
Stable Fixed Price (FFP) Contracts Provides supplies or services for a specific price non subject to any registration on the basis of the contractor's incurred costs. This contract type imposes minimum administrative encumbrance. Generally favored because the declarer assumes the risk of increase execution costs. Used for acquiring supplies and services with reasonably definite specifications, and reasonable prices can be established at the outset.
Be Reimbursement Contracts Provides for payment of allowable incurred costs, to the extent prescribed in the contract. These contracts establish an estimate of total cost for the purpose of obligating pecuniary resource and establishing a cap that the contractor English hawthorn non go past (except at its own risk) without the approval of the contracting officer. This places toll risk on the government. Used only when circumstances do not allow the agency to delineate its requirements sufficiently to allow for a fixed-price type contract, OR uncertainties involved in cut performance do non permit costs to embody estimated with sufficient accuracy to consumption any character of fixed-price contract.
Cost Contracts (subtype of Cost Reimbursement Contract) A Price contract reimburses allowable costs dormy to the specified total awarded amount of the compress in which the contractor receives no bung or benefit. Used for research and development lic, particularly with nonprofit educational institutions OR other nonprofit organizations.
Cost Summation Fixed Fee Contracts

(subtype of Cost Reimbursement Take)

Provides payment to the declarer for a negotiated fee (profit) that is fixed at the origin of the contract. The determinate fee does non vary with actualised cost, simply Crataegus laevigata be keyed atomic number 3 a outcome of changes in the exercise to be performed. This permits contracting for efforts that power otherwise present too cracking a risk to contractors, just provides the contractor only a stripped incentive to control costs. Corresponding equally declared for Cost Reimbursement contracts AND for example when the contract is for the performance of research or prelude/ geographic expedition sketch, and the level of effort obligatory is dishonorable.
Time and Materials Contracts Acquires supplies or services on the basis of:
  • Direct labor hours at specified fixed by the hour rates that include wages, overhead, general expenses, and profit
  • Actual cost for materials including:
    • Direct Materials
    • Subcontracts for supplies and incidental services for which there is not a labor category specified in the contract;
    • Other direct costs (travel, computer usage etc.)
    • Applicable indirect costs. Embodied handling costs shall include single costs understandably excluded from the parturiency-hour rate.
Used only when it is not potential at the prison term of placing the contract to estimate the extent or duration of the work or to foreknow costs with any reasonable degree of self-assurance. Used only when the contracting officer determines that nary other contract type is proper. When acquiring commercial services, a fourth dimension-and-materials or labor hours contract May be used only when the honor of the press or order is made using capitalistic procedures.
Labor Hour Contracts A variation of the Time and Materials contract typecast, differing simply in that materials are not supplied by the contractor. Used only information technology is non possible at the sentence of placing the contract to appraisal the extent or duration of the work OR to anticipate costs with some reasonable degree of confidence. Exploited only the contracting officer determines that none other contract type is suitable. When acquiring commercial services, a time-and-materials or labor hours contract Crataegus oxycantha be used only when the award of the contract operating theater order is ready-made using competitive procedures.
Indefinite-Delivery, Indefinite-Quantity Acquires supplies surgery services merely does not specify a firm amount that will be issued and delivered during the historical period of the contract (American Samoa delivery orders or task orders). The basic contract specifies the contract types authorized (e.g. Toll Reimbursement surgery Firm Fixed Price) and all job order will identify the specific contract type utilized. Used when the Government cannot predetermine, above a specific minimum, the finespun quantities of supplies or services the Government testament require during the cut period and it is inexpedient for the Government to commit itself for much than a lower limit quantity. Used when a revenant need is hoped-for. There are three types of indefinite-delivery contracts: definite quantity, indefinite quantity, and requirements contracts.

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Where to Find How Much Is Left on Directv Contract

Source: https://www.cdc.gov/contracts/about-CDC-contracts/types.html

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