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OSD EVM Data Requirements Integrated Program Management Report (IPMR) Data Item Description (DID) & Work Breakdown Structures (WBS) Sep 2012 Office of Performance Assessments and Root Cause Analyses.

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The application of EVM is discouraged on Firm-Fixed Price (FFP) (including FFP with economic price adjustment) contracts, subcontracts, intra-government work agreements, and other agreements, regardless of dollar value.

The purpose and objectives of a Defense Contract Management Agency's (DCMA) Earned Value Management System (EVMS) Compliance Review is to make sure a contractor is effectively using an internal cost and schedule management control systems and for the Government to be able to rely on accurate, valid, reliable, timely, ...

A firm-fixed-price contract provides for a price that is not subject to any adjustment on the basis of the contractor's cost experience in performing the contract. This contract type places upon the contractor maximum risk and full responsibility for all costs and resulting profit or loss.

EVM compliance is required on cost or incentive contracts, subcontracts, intra-government work agreements, and other agreements valued at or greater than $20 million.

The fixed price family of contracts, both Firm Fixed Price (FFP) and FPIF, have a profit, not a fee, component. Second, while FPIF contracts fall within the fixed price family of contracts, there is nothing fixed about the price until the contractor overruns the cost enough to reach the contract's ceiling price.

There are three main types of fixed-price contracts: Firm fixed-price. Fixed-price incentive fee. Fixed-price with economic price adjustment.

EVM compliance is required on cost or incentive contracts, subcontracts, intra-government work agreements, and other agreements valued at or greater than $20 million.

The 32 EVMS criteria are divided into the following five groups: Organization (of the project): 5 Criteria. Planning, Scheduling, & Budgeting: 10 Criteria. Accounting Considerations: 6 Criteria. Analysis and Management Reports: 6 Criteria. Revisions and Data Maintenance: 5 Criteria.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232