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Current as of January 02, 2025 | Updated by Findlaw Staff
In negotiating contract prices with a second source, including the redetermination of contract prices, or in determining the allowability of costs under a cost-reimbursement contract with a second source, the contracting officer:
(a) Shall obtain from the second source a detailed statement (see FAR 27.204-1(a)(2)) of royalties, license fees, and other compensation paid or to be paid to a primary source (or any of his subcontractors) for patent rights, rights in data, and other technical assistance provided to the second source, including identification and description of such patents, data, and technical assistance; and
(b) Shall not accept or allow charges which in effect are—
(1) For royalties or amortization for patents or inventions in which the Government holds a royalty-free license; or
(2) For data which the Government has a right to possess, use, and disclose to others; or
(3) For any technical assistance provided to the second source for which the Government has paid under a contract between the Government and a primary source.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.227.674 Supply contracts between the Government and a foreign government or concern - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-227-674/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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