48 C.F.R. § 242.7503

Current through September 30, 2024

Section 242.7503 - Contract clause

Use the clause at 252.242-7006, Accounting System Administration, in solicitations and contracts when contemplating-

(a) A cost-reimbursement, incentive type, time-and-materials, or labor-hour contract; or

(b) A contract with progress payments made on the basis of costs incurred by the contractor or on a percentage or stage of completion.

48 C.F.R. §242.7503

76 FR 28870, May 18, 2011, as amended at 77 FR 11366, Feb. 24, 2012; 82 FR 61481, Dec. 28, 2017

82 FR 61481, 12/28/2017