48 CFR §842.705
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Except when the quick-closeout procedures described in FAR 42.708 are used, contracting officers shall request contract audits on proposed final indirect cost rates and billing rates for use in cost reimbursement and fixed-price incentive contracts as prescribed in FAR subpart 42.7.