The Navy awards a cost plus award fee (CPAF) contract for $265 million to design and develop electronic components for a communications system within 18 months. What reports, if any, would the contractor normally need to provide to the Program Management Office regarding their cost, schedule, and technical performance?

Answer:

• The contractor would submit a Contract Performance Report (CPR) formats 1 through 5 and an Integrated Master Schedule (IMS).

(Updated Answer by unknown comment):

• The Navy PM would require submission of an Integrated Program Management Report (IPMR) with formats 1 through 7.

Wrong Answers:

• The contractor would submit either a Contract Performance Report (CPR) formats 1 through 5 or an Integrated Master Schedule (IMS) but not both. 
• The contractor would submit a Contract Performance Report (CPR) format 1 only. 
• The contractor would submit a Contract Performance Report (CPR) formats 1 through 5 only. 
• The contractor would not be required to submit any earned value related reports to the Program Management Office.

Link

• ELO: 21a. Compare the purpose and content of the Cost Performance Report (CPR) formats