Administracja i zamówienia · 12/12/2006

Federal Acquisition Regulation Rule Clarifies Payment Procedures for Time-and-Materials and Labor-Hour Contracts

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule to amend the Federal Acquisition Regulation, providing clarity on payment procedures for Time-and-Materials and Labor-Hour Contracts, which are commonly used by government agencies for procurement and contracting purposes.