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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 7 - Agency for International Development |
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SubChapter E - General Contracting Requirements |
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Part 732 - Contract Financing |
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Subpart 732.1 - General |
§ 732.111 - Contract clauses.
Latest version.
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(a) [Reserved]
(b) USAID may obtain short term and (less frequently) long-term indefinite quantity professional services through Agency-specific indefinite quantity contracts that are a combination of contract types. Rather than using the fixed-price payment clauses for indefinite quantity contracts, when these IQCs provide for fixed daily rates (which may include wages, overhead, general and administrative expenses, fringe benefits, and profit) for services and reimbursement of other direct costs (such as travel and transportation) at cost, then the payment clause at 752.232–7 shall be used in the contract.
[61 FR 39094, July 26, 1996]