48 C.F.R. · Federal Acquisition Regulations System
48 C.F.R. § 42.702

Purpose.

Title 48 C.F.R. ● ACTIVE Primary Source
Regulatory Text

48 C.F.R. § 42.702 — Purpose.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Purpose. 42.702 Section 42.702 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION CONTRACT MANAGEMENT CONTRACT ADMINISTRATION AND AUDIT SERVICES Indirect Cost Rates 42.702 Purpose. (a) Establishing final indirect cost rates under this subpart provides— (1) Uniformity of approach with a contractor when more than one contract or agency is involved; (2) Economy of administration; and (3) Timely settlement under cost-reimbursement contracts. (b) Establishing billing rates provides a method for interim reimbursement of indirect costs at estimated rates subject to adjustment during contract performance and at the time the final indirect cost rates are established.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR48-SEC-BD38CA
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
48 C.F.R. § 42.702
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
2e20e19d38cfd251...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 48 C.F.R. § 42.702 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 48 48 C.F.R. § 42.702