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Commonly Asked Questions about US Commercial Contractor Forms

0:21 10:25 Standard form 1449 also called solicitation contract order for commercial items. It is used withMoreStandard form 1449 also called solicitation contract order for commercial items. It is used with commercial. And other than commercial items the searches of the form are SF 1449 continuation of any
Cost-plus contracts are similar to lump sum contracts in that the owner agrees to pay the contractors costs, including labor, subcontractors, equipment and materials and an amount for the contractors profit and overhead. But instead of a lump sum to cover all the expenses, those costs are reimbursed individually.
The SF 26 is used to award sealed bid contracts after obtaining bids using a SF 33, Solicitation, Offer, and Award. FAR 14.408-1(d)(1) specifies that, if an offer made using a SF 33 leads to further changes, the resulting contract must be prepared as a bilateral document using the SF 26.
This Standard Form 33, Solicitation, Offer and Award is the solicitation/contract form used by the federal government, not only to solicit orders, but also to award a contract, since it is a bilateral (two-signature) document.
Optional Form (OF) 307, Contract Award, Standard Form (SF) 26 , Award/Contract, or SF 33 , Solicitation, Offer and Award, may be used to award negotiated contracts in which the signature of both parties on a single document is appropriate.
Award is generally made using the award portion of the SF 1447. Standard Form 1449 (SF 1449). Solicitation/Contract/Order for Commercial Items, shall be used by the contracting officer when issuing written solicitations and awarding contracts and placing orders for commercial items.
SF 26 is prescribed for use in awarding sealed bid contracts for supplies or services in which bids were obtained on SF 33 , Solicitation, Offer and Award, as specified in 14.408-1(d)(1). Block 18 may only be used for sealed-bid procurements. (b) SF 30 , Amendment of Solicitation/Modification of Contract.