Code of Federal Regulations · Section
§ 842.705 — 842.705 Final Indirect Cost Rates
48 C.F.R. § 842.705
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Except when the quick-closeout procedures described in FAR 42.708 are used, contracting officers shall request contract audits on proposed final indirect cost rates and billing rates for use in cost reimbursement and fixed-price incentive contracts as prescribed in FAR subpart 42.7.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Chief Acquisition Officers and senior procurement executives41 U.S.C. § 1702