1. Regulations
  2. title 48
  3. chapter 1
  4. part 49
  5. subpart 49.2
  6. § 49.207

View all text of Subpart 49.2 [49.201 - 49.208]

49.207 - 49.207 Limitation on settlements.

The total amount payable to the contractor for a settlement, before deducting disposal or other credits and exclusive of settlement costs, must not exceed the contract price less payments otherwise made or to be made under the contract.

AUTHORITY: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

SOURCE: 48 FR 42447, Sept. 19, 1983, unless otherwise noted.

CITE AS: 48 CFR 49.207