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Bookmark or Share- The Shadow War between Turkey and Israel - FPIFAgainst the backdrop of Hamas’ October 7 attacks, Israel-Turkish relations hit a new low.Both ruling parties in Israel and Turkey are currently in a state of diplomatic conflict that has not only embroiled the Middle East but the Mediterranean as well.. Early December 2024 saw the fall of the Bashar al-Assad regime in Syria,bringing Turkey and Israel closer to a shadow conflict on regional ...
- Incentive Contract - AcqNotesAn Incentive Contracts (Federal Acquisition Regulation (FAR) Subpart 16.4) is appropriate when a Firm-Fixed-Price (FFP) contract is not appropriate and the required supplies or services can be acquired at lower costs and relating the amount of profit or fee payable under the contract to the contractor’s performance.
- What is a Fixed Price Incentive Fee Contract? - PM-by-PMIn FPIF, contractor is paid a fixed price plus (positive or negative) incentives depending on the performance. In this blog, I have explained only those contract types that are mentioned in the PMBOK Guide.
- 16.403-1 Fixed-price incentive (firm target) contracts.(a) Description.A fixed-price incentive (firm target) contract specifies a target cost, a target profit, a price ceiling (but not a profit ceiling or floor), and a profit adjustment formula.
- 216.403-1 Fixed-price incentive (firm target) contracts.(b) Application. (1) The contracting officer shall give particular consideration to the use of fixed-price incentive (firm target) contracts, especially for acquisitions moving from development to production.
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