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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) The contracting officer shall insert the provision at 2052.216–70, Level of Effort, in solicitations for negotiated procurements containing labor costs other than maintenance services to be awarded on a cost reimbursement, cost sharing, cost-plus-award fee, cost-plus-fixed fee, time and materials, or labor hour basis.
(b) The contracting officer may insert the following provisions and clauses in cost reimbursement contracts as applicable:
(1)Section 2052.216–71, Indirect Cost Rates (where provisional rates without ceilings apply).
(2)Section 2052.216–71, Indirect Cost Rates—Alternate 1 (where redetermined rates apply).
(3)Section 2052.216–71, Indirect Cost Rates (Ceiling)—Alternate 2 (where provisional rates with ceilings apply).
(c) The contracting officer may make appropriate changes to these clauses to reflect different arrangements.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.2016.307-70 Contract provisions and clauses - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-2016-307-70/
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