GroundRules
48 CFR 42.709-1: 42.709-1 Scope.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER G—CONTRACT MANAGEMENT
- PART 42—CONTRACT ADMINISTRATION AND AUDIT SERVICES
- Subpart 42.7—Indirect Cost Rates
(a) This section implements 10 U.S.C. 3743 and 41 U.S.C. 4303. It covers the assessment of penalties against contractors which include unallowable indirect costs in—
(1) Final indirect cost rate proposals; or
(2) The final statement of costs incurred or estimated to be incurred under a fixed-price incentive contract.
(b) This section applies to all contracts in excess of $1 million, except fixed-price contracts without cost incentives or any firm-fixed-price contracts for the purchase of commercial products or commercial services.
Collected 2026-08-27T02:26:29Z. Source file · JSON