Reference

More Resources

 

Section 342.7102: Contract modifications.

(a) Modifications to contracts containing the Limitation of Cost clause shall include either-

(1) A provision which: Increases the estimated or ceiling amount in the Limitation of Cost clause of the contract; and states that such clause will thereafter apply to the increased amount; or

(2) A provision stating that the estimated or ceiling amount in the Limitation of Cost clause is not changed by the modification.

(b) The Contracting Officer shall not change a fixed-fee in a contract when funding a cost overrun. The Contracting Officer shall make changes in fixed-fee only to reflect changes in the SOW/PWS that justify an increase or decrease in fee.




Warning: require(/home/simplyauto/www/includes/site_footer.php): failed to open stream: Permission denied in /home/simplyauto/www/regs/fars/section.php on line 347

Fatal error: require(): Failed opening required '../../includes/site_footer.php' (include_path='.:/usr/local/lib/php') in /home/simplyauto/www/regs/fars/section.php on line 347