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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
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SubChapter C - Contracting Methods and Contract Types |
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Part 215 - Contracting by Negotiation |
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Subpart 215.4 - Contract Pricing |
§ 215.407-3 - Forward pricing rate agreements.
Latest version.
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215.407-3 Forward pricing rate agreements.
(b)
(i) Use forward pricing rate agreement (FPRA) rates when such rates are available, unless waived on a case-by-case basis by the head of the contracting activity.
(ii) Advise the ACO of each case waived.
(iii) Contact the ACO for questions on FPRAs or recommended rates.