Section 27-4616. TIME AND MATERIALS CONTRACTS AND LABOR HOURS CONTRACTS

 

4616.1Time-and-materials contracts provide for acquiring supplies or services on the basis of: 

 

(a)Direct labor hours charged at fixed hourly rates that include overhead and profit; and

 

(b)Materials (which may be charged either at their actual cost or at fixed unit prices). 

 

4616.2             A labor hours contract is a time-and-materials contract that does not involve materials.
 

4616.3             Both time-and-materials contracts and labor hours contracts should specify a ceiling price.

 

authority

The Board of Directors of the Not-for-Profit Hospital Corporation (Board), pursuant to authority granted by sections 105(a), 106(6), and 111 of the Not-for-Profit Hospital Corporation Establishment Emergency Amendment Act of 2010 (Act), effective July 7, 2010 (D.C. Act 18-476; 57 DCR 6937 (August 6, 2010), and applicable sections of any subsequent substantially identical emergency, temporary, or permanent legislation.

source

Notice of Emergency and Proposed Rulemaking published at 57 DCR 8507 (October 8, 2010)[EXPIRED]; as amended by Notice of Emergency and Proposed Rulemaking published at 58 DCR 3086 (April 18, 2011)[EXPIRED]; as amended by Notice of Final Rulemaking published at 58 DCR 4565, 4583 (May 27, 2011).