41 U.S. Code § 3906 - Cost-reimbursement contracts
prev | next
(a) Definition.— In this section, the term “executive agency” has the same meaning given in section 133 of this title.
(b) Regulations on the Use of Cost-Reimbursement Contracts.— The Federal Acquisition Regulation shall address the use of cost-reimbursement contracts.
(c) Content.— The regulations promulgated under subsection (b) shall include guidance regarding—
(2) the acquisition plan findings necessary to support a decision to use cost-reimbursement contracts; and
(d) Annual Report.—
(1) In general.— The Director of the Office of Management and Budget shall submit an annual report to Congressional committees identified in subsection (e) on the use of cost-reimbursement contracts and task or delivery orders by all executive agencies.
(2) Contents.— The report shall include—
(A) the total number and value of contracts awarded and orders issued during the covered fiscal year;
(B) the total number and value of cost-reimbursement contracts awarded and orders issued during the covered fiscal year; and
(e) Congressional Committees.— The report required by subsection (d) shall be submitted to—
Source(Pub. L. 111–350, § 3,Jan. 4, 2011, 124 Stat. 3777.)
|Revised Section||Source (U.S. Code)||Source (Statutes at Large)|
|Pub. L. 110–417, [div. A], title VIII, § 864(a), (b), (d), (e), (f)(2), (g), Oct. 14, 2008, 122 Stat. 4549.|
In subsection (b), the words “Not later than 270 days after the date of the enactment of this Act” are omitted because of section 6(f) of the bill. The words “shall address” are substituted for “shall be revised to address” to reflect the permanence of the provision.
In subsection (d), the words “Subject to subsection (f)” are omitted as unnecessary.
Amendment of Federal Acquisition Regulation
LII has no control over and does not endorse any external Internet site that contains links to or references LII.