To improve the provisions relating to the linking of award and incentive fees to acquisition outcomes.

1. Replaces “poor” with “below-satisfactory performance or performance that does not meet the basic requirements o…”

   ReplacesPage 345, line 2Printed page

   In S. 2766 · Placed on Calendar Senate

   (3) establish standards for determining the percentage of the available award fee, if any, which contractors should be paid for performance that is judged to be "acceptable", "average", "expected", "good", or "satisfactory";

   (4) ensure that no award fee may be paid for contractor performance that is judged to be [struck: poor][inserted: below-satisfactory performance or performance that does not meet the basic requirements of the contract];

   (5) provide specific direction on the circumstances, if any, in which it may be appropriate to roll over award fees that are not earned in one award fee period to a subsequent award fee period or periods;

   Original wording

   On page 345, line 2, strike “poor” and insert “below-satisfactory performance or performance that does not meet the basic requirements of the contract”.

Read automatically from the Congressional Record. Check the original before relying on it.

As printed