1. Regulations
  2. title 48
  3. chapter 12
  4. part 1215
  5. subpart 1215.4
  6. § 1215.404-470

Collapse to view only 1215.404-470 - 1215.404-470 Payment of profit or fee.

1215.404 - 1215.404 Proposal analysis.

AUTHORITY: 5 U.S.C. 301; 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304.

SOURCE: 87 FR 61159, Oct. 7, 2022, unless otherwise noted.

CITE AS: 48 CFR 1215.404

1215.404-470 - 1215.404-470 Payment of profit or fee.

The contracting officer shall not pay profit or fee on undefinitized contracts or undefinitized contract modifications. Any profit or fee earned shall be paid after the contract or modification is definitized.

AUTHORITY: 5 U.S.C. 301; 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304.

SOURCE: 87 FR 61159, Oct. 7, 2022, unless otherwise noted.

CITE AS: 48 CFR 1215.404-470