Easily Replace Payment Field from the Commercialization Agreement

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How to Replace Payment Field from the Commercialization Agreement

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gonna do part okay now were being recorded awesome um part two of our winner training series this one might have a little less information than some of the others but its a kind of a key building block were gonna talk about a couple things today to further our discussion about change orders but were going to really focus in on field change payments so lets just take a look back to last week its already a week ago where we had session number one and we did an introduction we talked about the hundreds section and we highlighted different areas of the hundreds section that kind of guide us and give us number one the authority to issue change orders then we talked about different types of change orders just a little bit of an overview we talked about the difference between a contract change order and what site manager calls change orders little nuances there then we also reviewed how you can identify changes that are coming up whether theyve already happened like im overrun or whet

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What is a contract modification?

A contract modification (mod) is any written change by the contracting officer to the contract terms and conditions. A mod can be issued at any time after the contract is awarded.

What are contract commercial terms?

Commercial Terms means an individual agreement belonging to, supplementing or amending the General Terms and Conditions and containing the specific provisions applicable to the User or any amendment, addendum to such Commercial Terms.

What are the commercial items of a contract?

Q: What is a commercial item? A: ing to Part 2 of the Federal Acquisition Regulation (FAR), a commercial item is any product or service that is customarily used by the general public or nongovernmental entities for nongovernmental purposes.

What is a commercialization agreement?

An agreement between two entities to collaborate on commercializing one or more products incorporating one partys patentable technology, know-how, or other intellectual property (IP).

What is an out of scope change?

A contracting officer may need to issue an out-of-scope modification. This can occur if the Government requires an increase or decrease in the scope of work beyond what is contained in the statement of work, and which will result in a change to the cost of the contract.

What are the 4 types of contracts?

4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.

What is an administrative modification?

Administrative change means a unilateral (see 43.103(b)) contract change, in writing, that does not affect the substantive rights of the parties (e.g.,a change in the paying office or the appropriation data).

Can you tailor 52.212 4?

Of the 21 terms and conditions in 52.212-4 (paragraphs (a) thru (u)), all but seven terms may be tailored. Among the terms the contracting officer is given the flexibility to tailor are paragraphs 52.212-4(l), Termination for the Governments Convenience, and 52.212-4(m), Termination for Cause. 1 FASA, section 8002.

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