Basis of payment: Cost reimbursable – Limitation of expenditure

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As part of the Acquisitions Program’s transformation agenda, PSPC is planning to archive and migrate the SACC manual to the CanadaBuys website. The SACC manual will continue to be available on the BuyandSell website to ensure continuity of service during this transition period. At this time, an initial version of the archived version of the SACC has been posted on CanadaBuys. We encourage you to go visit the site and get comfortable with the new format of the SACC at the following:

Archived - Standard Acquisition Clauses and Conditions Manual | CanadaBuys

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Legal text for SACC item

Instruction to contracting officers: complete and insert one of the following options:

Option 1

The Contractor will be paid for its costs reasonably and properly incurred in the performance of the Work, ______ (insert, if applicable, "and profit,") in accordance with the Basis of payment in annex _____, to a limitation of expenditure of $________ (insert the amount at contract award). Customs duties are ________ (insert "included", "excluded" or "subject to exemption") and Applicable Taxes are extra.

Option 2

For the Work described in _________ (insert the applicable section(s) of the statement of work or requirement to which this basis of payment applies) of the ________ (insert "Statement of Work" or "Requirement") in annex ____ :

The Contractor will be paid for its costs reasonably and properly incurred in the performance of the Work, _______ (insert, if applicable, "and a profit,") in accordance with the Basis of payment in annex ____, to a limitation of expenditure of $________(insert the amount at contract award). Customs duties are ________ (insert "included", "excluded" or "subject to exemption") and Applicable Taxes are extra.