§ 242.1107 - Contract clause.  


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  • 242.1107 Contract clause.

    (b) When using the clause at FAR 52.242-2, include the following instructions in the contract schedule -

    (i) Frequency and timing of reporting (normally 5 working days after each reporting period);

    (ii) Contract line items, exhibits, or exhibit line items requiring reports;

    (iii) Offices (with addressees/codes) where reports should be sent (always include the contracting office and contract administration office); and

    (iv) The following requirements for report content -

    (A) The problem, actual or potential, and its cause;

    (B) Items and quantities affected;

    (C) When the delinquency started or will start;

    (D) Actions taken to overcome the delinquency;

    (E) Estimated recovery date; and/or

    (F) Proposed schedule revision.