48 CFR § 536.7106
Construction contract closeout
November 17, 2020
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.