What Are The Five C’s Of Marketing? Definition And Examples
If all the situations in paragraph of this subsection apply and the contracting officer determines that the usage of the clause at 52.216-2 is inappropriate, the contracting officer could use an agency-prescribed clause as a substitute of the clause at 52.216-2. If performance beneath the proposed contract entails concurrent operations under different contracts, the impact of these contracts, including their pricing arrangements, must be considered. Contracts ensuing from sealed bidding shall be firm-fastened-price contracts or fixed-price contracts with financial value adjustment. The amount and nature of the revenue incentive provided to the contractor for achieving or exceeding specified standards or objectives. Fee-Determining Official means the designated Agency official who critiques the suggestions of the Award-Fee Board in determining the amount of award charge to be earned by the contractor for each analysis interval.
- This contract type specifies a target price, a goal fee, minimum and maximum charges, and a payment adjustment formulation.
- The contracting officer shall embrace in each letter contract the clauses required by this regulation for the type of definitive contract contemplated and any extra clauses known to be appropriate for it.
- The contracting officer’s certification that the justification is accurate and complete to one of the best of the contracting officer’s knowledge and belief.
- __________ pricing ways lower the value of a product beneath cost.
increased the worth to grey markets while sustaining present costs to blue markets. Differentiate the product ultimately, even by packaging, so clients will see it as distinct. He has observed over the years that prospects hold their excessive-mileage automobiles longer when the economic system is doing poorly, creating demand for his maintenance and repair service.
307 Contract Clauses
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The contracting officer should consider using an financial price adjustment clause primarily based on value indexes of labor or materials under the circumstances and topic to approval as described in paragraphs and of this section. If all conditions in paragraph of this section apply and the contracting officer determines that the use of the clause at 52.216-four is inappropriate, the contracting officer might use an agency-prescribed clause instead of the clause at fifty two.216-4. Before getting into into the contract, the contracting officer and contractor must agree in writing on the identity of the standard supplies and the corresponding line objects to which the clause applies. If all conditions in paragraph of this subsection apply and the contracting officer determines that the usage of the clause at fifty two.216-three is inappropriate, the contracting officer might use an company-prescribed clause instead of the clause at 52.216-3.
That is to say the shorter time frame ought to have a decrease Mark-up/Return margin, thus rising the Turnover/sales of the product, and lowering the Wastage/loss of merchandise. A flexible pricing mechanism made possible by advances in information know-how and employed mostly by Internet-based companies. The airline trade is commonly cited as a dynamic pricing success story. In truth, it employs the method so artfully that most of the passengers on any given airplane have paid totally different ticket prices for a similar flight. As of 2018, several third-celebration instruments have allowed retailers to benefit from a time primarily based dynamic pricing including Pricemole, SweetPricing, BeyondPricing, and so forth.