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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 8 - Department of Veterans Affairs |
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SubChapter C - Contracting Methods and Contract Types |
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Part 817 - Special Contracting Methods |
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Subpart 817.70 - Undefinitized Contract Actions |
§ 817.7004-4 - Final price negotiation - profit.
Latest version.
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817.7004-4 Final price negotiation - profit.
Before the final price of a UCA is negotiated, contracting officers shall ensure the profit agreed to and documented in the contract negotiation memorandum reflects consideration of any risks incurred in performance of the work under the UCA.