A terminated contractor is entitled to profit on preparations made and work done by the contractor on the terminated portion of the contract. However, profit is not allowable on settlement expenses. Section 9.202 states that the following five factors be considered when negotiating a profit (1) difficulty of work (2) contractor efficiency (3) incentive and developmental contributions (4) rate of profit the contractor would have earned had the contract been completed and (5) rate of profit contemplated by the contractor at the time of award.
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