48 CFR §536.7106
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Unless the contract has been converted to a standard firm-fixed-price contract (see 536.7105-8)—
- (a)The contracting officer shall ensure that the construction contractor's proposal for final settlement is accurate and reliable in accordance with the open book accounting practices of the contract.
- (b)In accordance with 536.7105-3(c), the contracting officer shall obtain an independent audit of the construction contractor's costs.