[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR50]

[Page 953-954]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 50_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents
 
                    Subpart 50.3_Contract Adjustments
 
Sec.  50.306  Disposition.

    When approving or denying a contractor's request made in accordance 
with 50.303-1, the approving authority shall sign and date a Memorandum 
of Decision containing--
    (a) The contractor's name and address, the contract identification, 
and the nature of the request;
    (b) A concise description of the supplies or services involved;
    (c) The decision reached and the actual cost or estimated potential 
cost involved, if any;
    (d) A statement of the circumstances justifying the decision;
    (e) Identification of any of the foregoing information classified 
Confidential or higher (instead of being included in the memorandum, 
such information may be set forth in a separate classified document 
referenced in the memorandum); and
    (f) If some adjustment is approved, a statement in substantially the 
following form: ``I find that the action authorized herein will 
facilitate the national defense.'' The case files supporting this 
statement will show the

[[Page 954]]

derivation and rationale for the dollar amount of the award. When the 
dollar amount exceeds the amounts supported by audit or other 
independent reviews, the approving authority will further document the 
rationale for deviating the recommendation.

[48 FR 42471, Sept. 19, 1983, as amended at 51 FR 31426, Sept. 3, 1986; 
60 FR 48230, Sept. 18, 1995]