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Title 48 Part 1843

Title 48 → Chapter 18 → Subchapter G → Part 1843

Electronic Code of Federal Regulations e-CFR

Title 48 Part 1843

e-CFR data is current as of July 19, 2018

Title 48Chapter 18Subchapter G → Part 1843


Title 48: Federal Acquisition Regulations System


PART 1843—CONTRACT MODIFICATIONS


Contents

Subpart 1843.71—Shared Savings

1843.7101   Shared Savings Program.
1843.7102   Solicitation provision and contract clause.

Authority: 51 U.S.C. 20113(a) and 48 CFR chapter 1.

Source: 62 FR 14022, Mar. 25, 1997, unless otherwise noted.

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Subpart 1843.2—Change Orders

1843.205   Contract clauses.

As authorized in the prefaces of clauses FAR 52.243-1, Changes—Fixed Price; FAR 52.243-2, Changes—Cost Reimbursement; and FAR 52.243-4, Changes; and in the prescription at 43.205(c) for FAR 52.243-3, Changes—Time-and-Material or Labor-Hours, the period within which a contractor must assert its right to an equitable adjustment may be varied not to exceed 60 calendar days.

[65 FR 58932, Oct. 3, 2000]

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1843.205-70   NASA contract clauses.

The contracting officer may insert a clause substantially as stated at 1852.243-72, Equitable Adjustments, in solicitations and contracts for—

(a) Dismantling, demolishing, or removing improvements; or

(b) Construction, when the contract amount is expected to exceed the simplified acquisition threshold and a fixed-price contract is contemplated.

[81 FR 75345, Oct. 31, 2016]

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Subpart 1843.71—Shared Savings

1843.7101   Shared Savings Program.

This subpart establishes and describes the methods for implementing and administering a Shared Savings Program. This program provides an incentive for contractors to propose and implement, with NASA approval, significant cost reduction initiatives. NASA will benefit as the more efficient business practices that are implemented lead to reduced costs on current and follow-on contracts. In return, contractors are entitled to share in cost savings subject to limits established in the contract. The contracting officer may require the contractor to provide periodic reporting, or other justification, or to require other steps (e.g., cost segregation) to ensure projected cost savings are being realized.

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1843.7102   Solicitation provision and contract clause.

The contracting officer shall insert the clause at 1852.243-71, Shared Savings, in all solicitations and contracts expected to exceed $1,000,000, except those awarded under FAR part 12, NRA and AO procedures, or the SBIR and STTR programs.

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