10 C.F.R. § 603.630

Current through November 30, 2024
Section 603.630 - Use Federally approved indirect cost rates for for-profit firms

In accordance with the general policy in § 603.605 , the contracting officer must require a for-profit participant that has federally approved indirect cost rates for its Federal procurement contracts to use those rates to accumulate and report costs under an expenditure-based TIA. This includes both provisional and final rates that are approved up until the time that the TIA is closed out.

10 C.F.R. § 603.630