Common use of FINAL FEE DETERMINATION Clause in Contracts

FINAL FEE DETERMINATION. (a) Upon the physical completion of the contract, the Contracting Officer shall determine and pay the total fee earned by the Contractor consistent with Clause I.23, "Incentive Fee," Clause B.6, "Fee Payment Schedule and Fee Payment Withholding," Clause B.5, "Schedule Incentive," and Section F of the contract. All payments of ordinary fee made before physical completion of the contract will be conditional. If the amount of the total adjusted fee is less than the total amount of ordinary fee payments previously made to the Contractor, the Contractor shall reimburse the Government the difference. If the amount of total adjusted fee is more than the total amount of ordinary payments of fee previously made to Contractor, the Government shall pay the Contractor the difference.