Why requiring performance based payment cost limitation


Problem: What is the purpose of requiring performance based payment cost limitation language in a contract?

1. To ensure payments do not exceed 80% of the contract

2. To ensure that the contractor's accounting system meets strict government standards

3. To ensure PBP's do not exceed actual contractor expenses

4. To ensure that the expenditure profile is reasonable

Request for Solution File

Ask an Expert for Answer!!
Other Subject: Why requiring performance based payment cost limitation
Reference No:- TGS03351599

Expected delivery within 24 Hours