StacksVerified U.S. regulatory reference

48 CFR §42.702

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Establishing final indirect cost rates under this subpart provides—
    1. (1)Uniformity of approach with a contractor when more than one contract or agency is involved;
    2. (2)Economy of administration; and
    3. (3)Timely settlement under cost-reimbursement contracts.
  2. (b)Establishing billing rates provides a method for interim reimbursement of indirect costs at estimated rates subject to adjustment during contract performance and at the time the final indirect cost rates are established.