Get Hhs Form 674 Structured Approach Profit Fee Objective

Filling out the Hhs Form 674 is an important process for establishing profit fee objectives in contracts. This guide provides a clear, step-by-step approach to completing the form online, ensuring you have all the information needed.

Follow the steps to successfully complete the form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by filling out the contractor's name and relevant details, including the RFP/Contract number and business unit. Ensure accuracy in this essential section.
3. Indicate the type of contract being addressed in the designated field to provide context for your profit fee objective.
4. In the 'Contractor Effort' section, categorize costs by filling in the appropriate percentages for material acquisition, direct labor, overhead, and other costs based on the guidelines provided.
5. After assessing the weight range for each cost category, calculate the weighted profit/fee by multiplying the assigned weight by the respective cost measurement. Input these calculations in the appropriate fields.
6. Proceed to the 'Other Factors' section. Fill in the measurements and risk factors, ensuring to use the respective weight ranges and calculate the weighted profit/fee accordingly.
7. Once all sections are filled out accurately, calculate the subtotal profit/fee and subtract any facilities capital cost of money. Input these figures into the final profit/fee objective section.
8. Review all entries for accuracy and completeness. Make any necessary corrections before finalizing.
9. Save your completed form. You may also choose to download, print, or share the form as needed.

Complete your documents online today for a streamlined filing experience.