48 C.F.R. § 16.402-3
16.402-3 Delivery incentives.
(a) Delivery incentives should be considered when improvement from a required delivery schedule is a significant Government objective. It is important to determine the Government's primary objectives in a given contract (e.g., earliest possible delivery or earliest quantity production).
(b) Incentive arrangements on delivery should specify the application of the reward-penalty structure in the event of Government-caused delays or other delays beyond the control, and without the fault or negligence, of the contractor or subcontractor.
Notes of Decisions
Cited in 1
case, 1998–1998 · leading case: Northrop Grumman Corp. v. United States, 41 Fed. Cl. 645 (Fed. Cl. 1998).
Northrop Grumman Corp. v. United States, 41 Fed. Cl. 645 (Fed. Cl. 1998). “402-3, 48 C.F.R. § 16.402-3 (1997). Like most other incentive contracts, the FoFSD contract utilizes only cost incentives.”
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