Collapse to view only 42.003 - 42.003 Cognizant Federal agency.
- 42.000 - 42.000 Scope of part.
- 42.001 - 42.001 [Reserved]
- 42.002 - 42.002 Interagency agreements.
- 42.003 - 42.003 Cognizant Federal agency.
- SUBPART 42.1 - Subpart 42.1—Contract Audit Services
- SUBPART 42.2 - Subpart 42.2—Contract Administration Services
- SUBPART 42.3 - Subpart 42.3—Contract Administration Office Functions
- SUBPART 42.4 - Subpart 42.4—Correspondence and Visits
- SUBPART 42.5 - Subpart 42.5—Postaward Orientation
- SUBPART 42.6 - Subpart 42.6—Corporate Administrative Contracting Officer
- SUBPART 42.7 - Subpart 42.7—Indirect Cost Rates
- SUBPART 42.8 - Subpart 42.8—Disallowance of Costs
- SUBPART 42.9 - Subpart 42.9—Bankruptcy
- SUBPART 42.10 - Subpart 42.10 [Reserved]
- SUBPART 42.11 - Subpart 42.11—Production Surveillance and Reporting
- SUBPART 42.12 - Subpart 42.12—Novation and Change-of-Name Agreements
- SUBPART 42.13 - Subpart 42.13—Suspension of Work, Stop-Work Orders, and Government Delay of Work
- SUBPART 42.14 - Subpart 42.14 [Reserved]
- SUBPART 42.15 -
- SUBPART 42.16 - Subpart 42.16—Small Business Contract Administration
- SUBPART 42.17 - Subpart 42.17—Forward Pricing Rate Agreements
42.000 - 42.000 Scope of part.
This part prescribes policies and procedures for assigning and performing contract administration and contract audit services.
42.001 - 42.001 [Reserved]
42.002 - 42.002 Interagency agreements.
(a) Agencies shall avoid duplicate audits, reviews, inspections, and examinations of contractors or subcontractors, by more than one agency, through the use of interagency agreements.
(b) Subject to the fiscal regulations of the agencies and applicable interagency agreements, the requesting agency shall reimburse the servicing agency for rendered services in accordance with the Economy Act (31 U.S.C. 1535).
(c) When an interagency agreement is established, the agencies are encouraged to consider establishing procedures for the resolution of issues that may arise under the agreement.
42.003 - 42.003 Cognizant Federal agency.
(a) For contractors other than educational institutions and nonprofit organizations, the cognizant Federal agency normally will be the agency with the largest dollar amount of negotiated contracts, including options. For educational institutions (defined as institutions of higher education in the OMB Uniform Guidance at 2 CFR part 200, subpart A, and 20 U.S.C. 1001) and nonprofit organizations (as defined in the OMB Uniform Guidance at 2 CFR part 200), the cognizant Federal agency for indirect costs is established according to the OMB Uniform Guidance at 2 CFR part 200, appendices III and IV, respectively.
(b) Once a Federal agency assumes cognizance for a contractor, it should remain cognizant for at least 5 years to ensure continuity and ease of administration. If, at the end of the 5-year period, another agency has the largest dollar amount of negotiated contracts, including options, the two agencies shall coordinate and determine which will assume cognizance. However, if circumstances warrant it and the affected agencies agree, cognizance may transfer prior to the expiration of the 5-year period.