Code of Federal Regulations · Section
§ 1215.404-470 — 1215.404-470 Payment Of Profit Or Fee
48 C.F.R. § 1215.404-470
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The contracting officer shall not pay profit or fee on undefinitized contracts or undefinitized contract modifications. Any profit or fee earned shall be paid after the contract or modification is definitized.
Authorizing Statute
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General authority41 U.S.C. § 1121
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Chief Acquisition Officers and senior procurement executives41 U.S.C. § 1702
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Departmental regulations5 U.S.C. § 301