[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

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

[CITE: 48CFR701.602-1]



[Page 9]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 701_FEDERAL ACQUISITION REGULATION SYSTEM--Table of Contents

 

      Subpart 701.6_Career Development, Contracting Authority, and 

                            Responsibilities

 

Sec. 701.602-1  Authority of contracting officers in resolving audit recommendations.



    With the exception of termination settlements subject to part 749, 

Termination of Contracts, contracting officers shall have the authority 

to negotiate and enter into settlerments with contractors for costs 

questioned under audit reports, or to issue a contracting officer's 

final decision pursuant to the disputes clauses (in the event that 

questioned costs are not settled by negotiated agreement) in accordance 

with ADS Chapter 591.5.20. The negotiated settlement or final decision 

shall be final, subject only to a contractor's appeal, either under the 

provisions of the Contract Disputes Act of 1978, as amended (41 U.S.C. 

601-613), or to the courts. Policies and procedures for resolving audit 

recommendations are in accordance with ADS Chapters 591 and 592.



[62 FR 40466, July 29, 1997]