10 U.S.C. § 3374 - U.S. Code - Unannotated Title 10. Armed Forces § 3374. Undefinitized contractual actions: allowable profit

(a)Allowed profit to reflect certain reduced cost risks of contractor.--The head of an agency shall ensure that the profit allowed on an undefinitized contractual action for which the final price is negotiated after a substantial portion of the performance required is completed reflects--

(b)Date as of which contractor cost risk to be determined.--If a contractor submits a qualifying proposal to definitize an undefinitized contractual action and the contracting officer for such action definitizes the contract after the end of the 180-day period beginning on the date on which the contractor submitted the qualifying proposal, the head of the agency concerned shall ensure that the profit allowed on the contract accurately reflects the cost risk of the contractor as such risk existed on the date the contractor submitted the qualifying proposal.