Contract line item clin
WebCLIN: A 7-digit alphanumeric string that uniquely identifies this Contract Line Item Number (CLIN). CLIN Name: The name of this CLIN. Frequency: The charging frequency of this … WebGovernment contract accounting while based on Generally Accepted Accounting Principles (GAAP), places less emphasis on traditional “debits and credits” and more emphasis on: Identification of costs as direct and indirect costs, Collection of direct costs by contract, contract line item number (CLIN) or other interim or final cost objective,
Contract line item clin
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WebFeb 14, 2009 · The purpose of this modification is to: (1) exercise contract line item number (CLIN) 0002 in accordance with the terms and conditions established in the above noted contract; and (2) fully fund CLIN 0002 in the amount of $29,995.00. Therefore, the following changes are hereby incorporated: WebSpecifically, for supply line items, line item quantities shall match the actual count of the supplies to be provided. Likewise, for service line items, line item quantities shall match the frequency with which performance will be reviewed, and on fixed price line items, payment made. Procurement Data Standard validation update (June 2014)
WebThe Contract Line Item Number (CLIN) Table contains a list of all the Contract Line Items in the project's contract. CLINs summarize WBS tasks. The CLIN Table also contains … WebThe CLIN is composed of the CLIN_Type, Contractor_ID, and ID_Number as shown in Figure B-1. The CLIN provides a unique identifier for each line item offered under this contract. The contractor shall use the combination of these three data values, as described below, to create a unique CLIN for each item submitted. The following
WebMar 15, 2024 · Order-Level Materials Summary: OLMs are supplies or services acquired in direct support of task or delivery order placed against a GSA Schedule Contract or Blanket Purchase Agreements (BPAs). OLMs cannot be defined or priced at the GSA Schedule level. OLMs cannot exceed 33.33% of the value of the order or BPA. WebA CLIN is an acronym for Contract Line Item Number and can have different meanings depending on the type of contract. In some cases, a CLIN can represent a deliverable …
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Web4.6 – A contract may have multiple Contract Line Item Numbers (CLINs), Contract Sub Line Item Numbers (SLINs), and Contract Exhibit Line Item Numbers (ELINs). A contract may have multiple informational subline items for nonseverable items. Except for not separately priced (NSP) items, each CLIN, SLIN, ELIN, or informational subline item … good luck on your new job funnyWebThe Contract Line Item Number (CLIN) is the standard identifier of a deliverable on a defense contract, and is generally a four-digit number with leading zeros, such as … good luck party invitationsWebOct 16, 2024 · So, is your contract line item set up something like this? (a) 0001 - (b) Accounting Services IAW PWS – (c) 12 – (d) MO - (e) $10,000 - (f) $120,000 ... But a sound response to your inquiry would require a legal analysis of the entire contract, not just the CLIN descriptions. good luck out there gifWebThe FFP Contract Line Item Structure CLIN structure is important to the answer. If you buying quantity one at $400K or $1.8M each, then the extended amount should match at … good luck on your next adventure memeWebJan 24, 2015 · Can I use 52.217-7 Option for Increased Quantity--Separately Priced Line Item for these option CLINs, even though the contract is a service contract. What would be the implications for the inclusion? Should I have my policy office develop an Agency contract clause that addresses the nature of the above scenario? Thanks for all of the … good luck on your test clip artWebJan 13, 2024 · The instances where the FAR uses CLIN were removed by this rule. Accordingly, there is no intent to address the use of these acronyms in this rule. 10. Defense Federal Acquisition Regulation Supplement (DFARS) Procedure, Guidance, and Information (PGI) ... Removing from paragraph (b)(3) “contract line item” and adding … goodluck power solutionWebReimbursable contract line items under Fixed- Price contracts. (i) Title to all property purchased by the contractor for which the contractor is ... CLIN. Item Description/ Nomenclature. Type Designation: NSN. PIN: Quantity. Unit of Measure: Serial Number (UII)* Original Unit Acquisition Cost. Date Placed in Service by the Contractor: x. x: As ... good luck on your medical procedure