Iaw far 42.704
Webb16 mars 2024 · 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 … Webb16 mars 2024 · 42.700 Scope of subpart. 42.700. Scope of subpart. This subpart prescribes policies and procedures for establishing-. (a) Billing rates; and. (b) Final …
Iaw far 42.704
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Webb16 mars 2024 · (a) The contractor withdraws the proposal before the Government formally initiates an audit of the proposal and the contractor submits a revised proposal (an audit will be deemed to be formally initiated when the Government provides the contractor with written notice, or holds an entrance conference, indicating that audit work on a specific … Webb16 mars 2024 · 42.708. Quick-closeout procedure. (a) The contracting officer responsible for contract closeout shall negotiate the settlement of direct and indirect costs for a …
Webb16 mars 2024 · (i) Determine the amounts due to the contractor under the contract; and (ii) Record this determination in a unilateral modification to the contract. (2) This contracting officer determination must be issued as a final decision in accordance with 33.211. 42.705-1 Contracting officer determination procedure. 42.705-2 Auditor determination procedure. Webb16 mars 2024 · (a) General. In accordance with 10 U.S.C. 3747 and 41 U.S.C.4307, a proposal shall not be accepted and no agreement shall be made to establish final indirect cost rates unless the costs have been certified by the contractor. (b) Waiver of certification. (1) The agency head, or designee, may waive the certification requirement when-
Webb22 mars 2024 · (1) “Acceptable accounting system” means a system that complies with the system criteria in paragraph (c) of this clause to provide reasonable assurance … Webb48 CFR § 42.704 - Billing rates. CFR prev next 42.704 Billing rates. (a) The contracting officer (or cognizant Federal agency official) or auditor responsible under 42.705 for …
Webb42.704 Billing rates. 42.705 Final indirect cost rates. 42.705-1 Contracting officer determination procedure. 42.705-2 Auditor determination procedure. 42.705-3 …
Webb16 mars 2024 · 42.709-2 General. (a) The following penalties apply to contracts covered by this section: (1) If the indirect cost is expressly unallowable under a cost principle in the FAR, or an executive agency supplement to the FAR, that defines the allowability of specific selected costs, the penalty is equal to- 12柱の神々Webb16 mars 2024 · 42.709-4 Assessing the penalty. Unless a waiver is granted pursuant to 42.709-6, the cognizant contracting officer shall - (a) Assess the penalty in 42.709-2 (a) (1), when the submitted cost is expressly unallowable under a cost principle in the FAR or an executive agency supplement that defines the allowability of specific selected costs; or 12柱鲁班锁Webb16 mars 2024 · For 42.709-2 (a) (1) (ii), compute interest on any paid portion of the disallowed cost as follows: (a) Consider the overpayment to have occurred, and interest to have begun accumulating, from the midpoint of the contractor’s fiscal year. Use an alternate equitable method if the cost was not paid evenly over the fiscal year. 12格內務櫃Webb854 42.705 48 CFR Ch. 1 (10–1–11 Edition) (b) The contracting officer (or cog-nizant Federal agency official) or audi-tor shall establish billing rates on the basis of … 12校網編號Webb16 mars 2024 · 42.705-1. Contracting officer determination procedure. (a) Applicability and responsibility. Contracting officer determination shall be used for the following, with the … 12栄養素Webb16 mars 2024 · 42.705. Final indirect cost rates. (a) Final indirect cost rates shall be established on the basis of-. (1) Contracting officer determination procedure (see … 12格包Webb16 mars 2024 · (1) The contractor shall submit to the cognizant contracting officer (or cognizant Federal agency official) and auditor a final indirect cost rate proposal in accordance with 42.705-1 (b) (1). (2) Once a proposal has been determined to be adequate for audit in support of negotiating final indirect cost rates, the auditor shall - 12格背包