§ 74.47 - Contract administration.  


Latest version.
  • A system for contract administration must be maintained to ensure contractor conformance with the terms, conditions and specifications of the contract, and to ensure adequate and timely follow up of all purchases. Recipients shall evaluate contractor performance and document, as appropriate, whether contractors have met the terms, conditions, and specifications of the contract.

    (Approved by the Office of Management and Budget under control number 1880–0513)

    (Authority: 20 U.S.C. 1221e–3, 3474; OMB Circular A–110)

    [59 FR 34724, July 6, 1994, as amended at 60 FR 6660, Feb. 3, 1995]