[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: 48CFR3015.404-470]



[Page 78]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

     CHAPTER 30--DEPARTMENT OF HOMELAND SECURITY, HOMELAND SECURITY 

                      ACQUISITION REGULATION (HSAR)

 

PART 3015_CONTRACTING BY NEGOTIATION--Table of Contents

 

                     Subpart 3015.4_Contract Pricing

 

Sec. 3015.404-470  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.



[[Page 79]]