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.