Re: Payment of Subcontract Invoices -Reply
Brad Quinn 12 Jan 1995 16:55 EST
We're not supposed to impose our travel regs on subcontractors. Eg,
if you award a sub to me, I will fight having to use your rates.
Use of a fixed price award also ties payment to delivery. The
problem is being able to measure a deliverable (quality report
probably isn't specific enough). Technically, fixed price awards
don't have to be put on an A-133 schedule because they aren't subject
to audit (A-21 is used as a guide in pricing, not for reimbursement).
Another possibility is to use a Time and Material (T&M) contract.
It is a hybrid cost reimbursable and fixed price, but they are
subject to audit.
Brad Quinn
University of Oklahoma
1000 Asp Avenue, Room 210
Norman, OK 73019
(P) 405-325-7091
(F) 405-325-7229
(E) xxxxxx@uoknor.edu