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 … Web(a) Separately identifiable contract line and subline items (i.e., all except those with characteristics described in DFARS 204.7103-1(a)(2)(iii) or 204.7104-1(a)) shall include …
Contract line item clin
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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 … WebContract Construction Examples There are three primary circumstances in which the drafter of a contract for tangible personal property should account for item unique …
WebOct 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. 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)
WebFederal contracts are typically funded at the contract line item (CLIN) level. A CLIN is a line in your contract, typically found in Schedule B, which lists the services and products to be delivered, with a price or ceiling which cannot be exceeded. When billing the federal government, it is important to not bill in excess of funding. WebIDENTIFY METHODS OF TRACKING CONTRACT OBLIGATIONS USING ACRNS AND CLINS IN A CONTRACT:A separate Contract Line Item Number (CLIN) should be used for each item on a contract. . true IDENTIFY METHODS OF TRACKING CONTRACT OBLIGATIONS USING ACRNS AND CLINS IN A CONTRACT:An Accounting …
WebThe contractor shall include the NCAF as a separate Contract Line Item Number (CLIN) in all contractor proposals to the government, regardless of pricing arrangements used. …
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: christopher waire obituaryWebJun 18, 2015 · We find that CLIN 7 did not qualify as a micro-purchase item. SAIC’s initial quotation for CLIN 7 indicated that freight was an open market--rather than an FSS contract--item, and showed a unit price of $6,832. ... In the GAO decisions I have found, and there are a number of them, each refers to a contract line item. If the solicitation to ... gf210 streamWebMay 8, 2008 · SECTION B - Supplies or Services and Prices . CLIN 0001 (Firm Fixed Price) B.1. This is a Fixed Price Contract. B.2. Line Item Description.. In accordance with the terms and conditions of this contract, the Contractor, independently and not as an agent of the Government, shall provide all necessary materials, labor, equipment, and facilities, … christopher wagner appletonWebReimbursable 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 ... gf20 msc xeno-free sfmWebSection E of the schedule specifies the place where the Government will inspect and accept each Contract Line Item Number (CLIN), Subline Item Number (SLIN), and Exhibit Line Item Number (ELIN). It also identifies the location where the Government will perform quality assurance actions for all contract line items. AcqLinks and References: gf 2020 newsWebThe Contract Line (CLIN) and Sub-line (SLIN) structure is used in CLM documents, including modifications to the purchasing documents. A Contract Line captures … gf221nra spec sheetWebGovernment 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, gf222t