Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
SubChapter G - Contract Management |
Part 242 - Contract Administration and Audit Services |
Subpart 242.72 - Contractor Material Management and Accounting System |
§ 242.7206 - Contract clause.
Latest version.
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Use the clause at 252.242-7004, Material Management and Accounting System, in all solicitations and contracts exceeding the simplified acquisition threshold that are not for the acquisition of commercial items and—
(a) Are not awarded under the set-aside or section 8(a) procedures of FAR part 19; and
(b) Are either—
(1) Cost-reimbursement contracts; or
(2) Fixed-price contracts with progress payments or other Government financing.