Section 5 - Time of Performance - GSA - gsa 2025

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Section 5 outlines the procedures and requirements for the approval and performance of applications related to transportation services. It details the filing process for applications, supplemental information, notification of application status, restructuring requests, pickup arrangements, transit times, delivery protocols, claims handling, and reporting obligations. The section emphasizes timely communication and adherence to specified timelines for both domestic and international shipments.
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Period of Performance: 5 years beyond ordering end date. Contract Types: Firmed Fixed Price (FFP), Labor Hour, Time Material (TM) or Hybrid of these.
OLMs must be in support of the order (i.e. not primary scope). The quoter must identify indirect cost as a fixed amount (if applicable). OLMs shall not exceed 33.33% of the total cost of the order. Any RFQ under an OLM-applicable Schedule may result in a quote with OLMs.
Definition. ing to Section 37 of the Indian Contract Act,1872 The parties to a contract must either perform, or offer to perform, their respective promises, unless such performance is dispensed with or excused under the provisions of the act, or any other law.
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
When a promise is to be performed on a certain day, and the promisor has undertaken to perform it without application by the promisee, the promisor may perform it at any time during the usual hours of business on such day and at the place at which the promise ought to be performed.

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The Time of Performance clause specifies the deadline or schedule by which contracted responsibilities or tasks must be completed. It ensures that all parties involved are aware of the time frame for delivery and performance, thereby minimizing potential delays and disputes.
The total amount of time (sometimes several years) during which the federal agency authorizes a grantee to complete the approved work of the project described in the application. Performance periods of more than 1 year are divided into budget periods.
Reasonable time refers to the period that is deemed appropriate and acceptable for completing an act or fulfilling a duty under a contract.

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GSA and its customers require timely status information on performance, technical, price, service ordering, billing, administrative, and contractual issues

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GSA Associate (Employee) Performance Plan and

This Order provides a systematic approach to developing, documenting and communicating employee performance goals, measures, and expectations.

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