GSA Form 1766: Structured Approach Profit/Fee Objective

GSA Form 1766, Structured Approach Profit/Fee Objective, is a General Services Administration form. Its footer reads GSA FORM 1766 (11-82), and GSA hosts it in its forms library, where its page lists the authority or regulation APD 2800.12B.

The one-page worksheet identifies the contractor, business unit, address, RFP or contract number and contract type. Under Contractor Effort it lists cost categories with the Government's cost objective, a printed weight range, an assigned weight and the weighted profit or fee. Under Other Factors it weights cost risk, investment, performance, socio-economic programs and special situations against the total cost objective. Lines 3 to 5 bring these to a total profit/fee objective, less facilities capital cost of money. The form prints no instructions, no signature line, no OMB number and no privacy statement.

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Top of page 1 of GSA Form 1766: Structured Approach Profit/Fee Objective, as printed by GSA

What's on GSA Form 1766

Header

Contractor, business unit, address, RFP/contract number and contract type.

Line 1: cost categories

Material acquisition (1% to 4%), direct labor (4% to 12%), overhead (3% to 8%), other costs (1% to 3%) and general management (G & A) (4% to 8%), totaled on line 1A.

Contractor Effort columns

(a) Government's cost objective, (b) weight range, (c) assigned weight, and (d) weighted profit/fee, printed as (a) x (c).

Line 2: other factors

Cost risk (0 to 7%), investment (-2% to +2%), performance (-2% to +2%), socio-economic programs (-.5% to +.5%) and special situations (-2% to +2%), totaled on line 2A.

Lines 3 to 5: profit/fee objective

The subtotal of lines 1.A and 2.A, less facilities capital cost of money, giving the total profit/fee objective, line (3) - (4).

How to complete GSA Form 1766

1
Identify the contract
Enter the contractor, business unit, address, RFP/contract number and contract type.
2
Enter cost objectives
For each cost category, enter the Government's cost objective in column (a). Each heading has several blank lines beneath it.
3
Assign weights
Enter an assigned weight in column (c) for each category. Column (b) prints the weight range for that category.
4
Compute weighted profit/fee
Column (d) is printed as (a) x (c). Total the cost objective and weighted amounts on line 1A.
5
Weight the other factors
Enter an assigned weight for each other factor. Its column (d) is printed as 1.A (a) x (c), and line 2A totals them.
6
Reach the total
Line 3 adds lines 1.A and 2.A, line 4 subtracts facilities capital cost of money, and line 5 is the total profit/fee objective, line (3) - (4).

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What the form says

Where it goes

The form prints no address, no routing instructions and no signature line.

Edition and authority

The footer reads GSA FORM 1766 (11-82). GSA's page gives a current revision date of 11/1982 and the authority or regulation APD 2800.12B.

Instructions and privacy

The PDF prints no instructions, no OMB number and no privacy statement. Apart from the column formulas, the weight ranges are the only guidance it prints.

Who fills out GSA Form 1766?

The contractor
The header takes the contractor, its business unit and its address.
The solicitation or contract
The RFP/contract number and contract type blocks identify the solicitation or contract.
The Government's cost objective
Column (a) under Contractor Effort is headed Government's Cost Objective, and the other factors use the total cost objective on line 1.A (a) as their measurement base.
General Services Administration
The footer names the General Services Administration. GSA's page lists APD 2800.12B as the authority or regulation.

The form prints no preparer, signature or approval line. These are the parties and figures it names.

Official sources and the blank

Official GSA form page
The agency’s own page for Form GSA1766.
Blank PDF
The official blank form, to print or fill by hand.

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Questions about Form GSA1766

Who issues GSA Form 1766?

The footer names the General Services Administration and reads GSA FORM 1766 (11-82). GSA's page lists APD 2800.12B as the authority or regulation.

What weight ranges does GSA Form 1766 print?

Material acquisition 1% to 4%, direct labor 4% to 12%, overhead 3% to 8%, other costs 1% to 3%, general management (G & A) 4% to 8%, cost risk 0 to 7%, investment, performance and special situations -2% to +2%, and socio-economic programs -.5% to +.5%.

How is the weighted profit/fee worked out?

For cost categories, column (d) is printed as (a) x (c). For other factors, it is printed as 1.A (a) x (c), using the total cost objective on line 1.A as the measurement base.

What is subtracted on line 4?

Facilities capital cost of money. Line 5, the total profit/fee objective, is printed as line (3) - (4).

Who signs GSA Form 1766?

The PDF prints no signature, approval or preparer line, and no instructions, OMB number or privacy statement.

GSA Form 1766: Structured Approach Profit/Fee Objective