§ 515.209-70 - Contract clause.

515.209-70 Examination of records by GSA clause.

Cross Reference

Link to an amendment published at 86 FR 55519, Oct. 6, 2021.

Clause for Other Than Multiple Award Schedules

(a) Examination of records by GSA clause for other than multiple award schedule (MAS) contracts.

Contract clause.

(a) Insert the clause at 552.215-70, Examination of Records by GSA, in all solicitations and contracts above exceeding the simplified acquisition threshold , including acquisitions of leasehold interests in real property, that meet any of the following conditions listed below:

(1) Involve the use or disposition of Government-furnished property.

(2) Provide for advance payments, progress payments based on cost, or guaranteed loan.

(3) Contain a price warranty or price reduction clause.

(4) Involve income to the Government where income is based on operations under the control of the contractor.

(5) Include an economic price adjustment clause where the adjustment is not based solely on an established, third party index.

(6) Are requirements, indefinite-quantity, or letter type contracts as defined in FAR part 616.

(7) Are subject to adjustment based on a negotiated cost escalation base.

(8) Contain the FAR provision of FAR at 52.223-4, Recovered Material Certification.

(

9

b) The

contracting officer may modify the clause at 552.215-70

clause in paragraph (a) of this subsection may be modified to define the specific area of audit (e.g., the use or disposition of Government-furnished property). Legal (i.e., the Office of General Counsel or the Office of Regional Counsel, as appropriate), and Inspector General (i.e., the Assistant Inspector General for Auditing or the Regional Inspector General for Auditing, as appropriate

,

) must concur

in

with any

modifications

modification to the clause.

(

b

c) Insert the clause at 552.215-73, Notice, in all solicitations and contracts for negotiated procurements

above

exceeding the simplified acquisition threshold in accordance with FAR part 15.

[64 86 FR 37214, July 9, 1999, as amended at 81 FR 36425, June 6, 2016; 84 FR 17039, Apr. 23, 201955519, Oct. 6, 2021]