§16.302. Cost contracts.
48 C.F.R. § 16.302
Description. A cost contract is a cost-reimbursement contract in which the contractor receives no fee.
Application. A cost contract may be appropriate for research and development work, particularly with nonprofit educational institutions or other nonprofit organizations.
Limitations. See 16.301-3.
Notes, amendments, and revision history
Amendments
[48 FR 42219, Sept. 19, 1983, as amended at 72 FR 27384, May 15, 2007]
Authority
Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42219, Sept. 19, 1983, unless otherwise noted.
Amendments
[48 FR 42219, Sept. 19, 1983, as amended at 72 FR 27384, May 15, 2007]