Faint period in the Service Agreement

Aug 6th, 2022
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The Period of Performance (POP) is the period of time during which the Grantee is expected to complete the grant activities and to incur and expend approved funds.
Concept within Procurement: Although period of performance is not specifically defined in the Federal Acquisition Regulations (FAR), within procurement it is more broadly considered the time span between the effective date of a contract (when the contracted effort begins) and the last day under the contract in which
The correct answer is B (12 months) This is a legislation which is based ing to the Defense Federal Acquisition regulation. Personal service contracts for expert services shall be restricted to one year in duration. This applies to duties which are only temporary.
If you dont meet your contractual obligations, the government may terminate or cancel the contract for default. The government may terminate a contract for default if: You fail to deliver within the time specified in the contract. You fail to make progress so as to risk the performance of the contract.
Three types of performance could occur in your contract: actual, substantial, and perfect. Actual Performance: An actual performance is one where both parties have fulfilled their obligations as set out in the contract. It usually occurs when goods or services are delivered following the terms agreed upon.
Time of Performance means the specific time or times indicated in the Contract at which or within which delivery or other performance is to be completed.
Historically informed performance (also referred to as period performance, authentic performance, or HIP) is an approach to the performance of classical music, which aims to be faithful to the approach, manner and style of the musical era in which a work was originally conceived.
Excessive pass-through charge, with respect to a Contractor or subcontractor that adds no or negligible value to a contract or subcontract, means a charge to the Government by the Contractor or subcontractor that is for indirect costs or profit/fee on work performed by a subcontractor (other than charges for the costs

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