[Code of Federal Regulations]

[Title 48, Volume 7]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR3004.804-1]



[Page 69]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

     CHAPTER 30--DEPARTMENT OF HOMELAND SECURITY, HOMELAND SECURITY 

                      ACQUISITION REGULATION (HSAR)

 

PART 3004_ADMINISTRATIVE MATTERS--Table of Contents

 

                Subpart 3004.8_Government Contract Files

 

Sec. 3004.804-1  Closeout by the office administering the contract.



    (b) The quick closeout procedures under (FAR) 48 CFR 42.708 may be 

used for the settlement of indirect costs under contracts when the 

estimated amount (excluding any fixed fee) of the contract is $3 million 

or less if determined appropriate by the contracting officer.