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Versions	Form popularity	Fillable & printable
2020	4.8 Satisfied (171 Votes)
2002	4.4 Satisfied (555 Votes)
1998	4.3 Satisfied (32 Votes)

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What is dd1547?

(1) The DD Form 1547 (i) Provides a vehicle for performing the analysis necessary to develop a profit objective; and. (ii) Provides a format for summarizing profit amounts subsequently negotiated as part of the contract price.

What is the allowable profit margin on a government contract?

Profit: The amount realized by a contractor after the costs of performance (both direct and indirect) are deducted from the amount to be paid under the terms of the contract. Fee: The amount paid to a contractor beyond allowable costs under a COST REIMBURSEMENT CONTRACT.

What is a DD form 1597 and when is it required?

Once a contract is physically complete and has successfully moved to Section 2, the completion of the Contract Closeout Checklist (DD Form 1597) is required to ensure all applicable closeout administrative actions take place. This checklist outlines the actions that must be completed for a FFP contract closeout.

What form is used by the DoD to apply a structured profit fee?

The DD Form 1547, Record of Weighted Guidelines (WGL) is used in the Department of Defense when a structured approach to profit analysis is required.

weighted guidelines form

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