[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: 48CFR42.701]



[Page 793]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 42_CONTRACT ADMINISTRATION AND AUDIT SERVICES--Table of Contents

 

                    Subpart 42.7_Indirect Cost Rates

 

Sec. 42.701  Definition.



    Billing rate as used in this subpart means an indirect cost rate (1) 

established temporarily for interim reimbursement of incurred indirect 

costs and (2) adjusted as necessary pending establishment of final 

indirect cost rates.



[48 FR 42370, Sept. 19, 1983, as amended at 59 FR 11387, Mar. 10, 1994; 

63 FR 9064, Feb. 23, 1998; 66 FR 2133, Jan. 10, 2001]