[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

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

[CITE: 48CFR31.103]



[Page 594-595]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 31_CONTRACT COST PRINCIPLES AND PROCEDURES--Table of Contents

 

                       Subpart 31.1_Applicability

 

Sec. 31.103  Contracts with commercial organizations.



    This category includes all contracts and contract modifications for 

supplies, services, or experimental, developmental, or research work 

negotiated with organizations other than educational institutions (see 

31.104), construction and architect-engineer contracts (see 31.105), 

State and local governments (see 31.107) and nonprofit organizations 

(see 31.108) on the basis of cost.

    (a) The cost principles and procedures in subpart 31.2 and agency 

supplements shall be used in pricing negotiated supply, service, 

experimental, developmental, and research contracts and contract 

modifications with commercial organizations whenever cost analysis is 

performed as required by 15.404-1(c).

    (b) In addition, the contracting officer shall incorporate the cost 

principles and procedures in subpart 31.2 and agency supplements by 

reference in contracts with commercial organizations as the basis for--



[[Page 595]]



    (1) Determining reimbursable costs under (i) cost-reimbursement 

contracts and cost-reimbursement subcontracts under these contracts 

performed by commercial organizations and (ii) the cost-reimbursement 

portion of time-and-materials contracts except when material is priced 

on a basis other than at cost (see 16.601(b)(3));

    (2) Negotiating indirect cost rates (see subpart 42.7);

    (3) Proposing, negotiating, or determining costs under terminated 

contracts (see 49.103 and 49.113);

    (4) Price revision of fixed-price incentive contracts (see 16.204 

and 16.403);

    (5) Price redetermination of price redetermination contracts (see 

16.205 and 16.206); and

    (6) Pricing changes and other contract modifications.



[48 FR 42301, Sept. 19, 1983, as amended at 62 FR 51271, Sept. 30, 1997]