Current through September 30, 2024
Section 242.1107 - Contract clause(b) When using the clause at FAR 52.242-2, include the following instructions in the contract schedule-(i) Frequency and timing of reporting (normally 5 working days after each reporting period);(ii) Contract line items, exhibits, or exhibit line items requiring reports;(iii) Offices (with addressees/codes) where reports should be sent (always include the contracting office and contract administration office); and(iv) The following requirements for report content- (A) The problem, actual or potential, and its cause;(B) Items and quantities affected;(C) When the delinquency started or will start;(D) Actions taken to overcome the delinquency;(E) Estimated recovery date; and/or(F) Proposed schedule revision.