{"data":{"id":"us/48-cfr-42.701","jurisdiction":"us","citation":"48 CFR 42.701","heading":"42.701 Definition.","body":"Billing rate as used in this subpart means an indirect cost rate (1) established temporarily for interim reimbursement of incurred indirect costs and (2) adjusted as necessary pending establishment of final indirect cost rates.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"e9af9844fd361f856530309e0e358d596d30807ca63385ec4fdf3f8a08c8aa48","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-42.700","next":"us/48-cfr-42.702"},"notice":"GroundRules: Original legal text. Not legal advice."}