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Section 1852.216-84: Estimated Cost and Incentive Fee.
As prescribed in 1816.406-70(d), insert the following clause:
ESTIMATED COST AND INCENTIVE FEE
(October 1996)
The target cost of this contract is $ . The target fee of this contract is $ . The total target cost and target fee as contemplated by the Incentive Fee clause of this contract are $ .
The maximum fee is $____.
The minimum fee is $____.
The cost sharing for cost underruns is:
Government ____percent Contractor ____percent.
The cost sharing for cost overruns is:
Government ____percent Contractor ____percent.
(End of clause)
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