§242.1107. Contract clause.

48 C.F.R. § 242.1107

(b)

When using the clause at FAR 52.242-2, include the following instructions in the contract schedule—

(i)

Frequency and timing of reporting (normally 5 working days after each reporting period);

(ii)

Contract line items, exhibits, or exhibit line items requiring reports;

(iii)

Offices (with addressees/codes) where reports should be sent (always include the contracting office and contract administration office); and

(iv)

The following requirements for report content—

(A)

The problem, actual or potential, and its cause;

(B)

Items and quantities affected;

(C)

When the delinquency started or will start;

(D)

Actions taken to overcome the delinquency;

(E)

Estimated recovery date; and/or

(F)

Proposed schedule revision.

Notes, amendments, and revision history

Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.

Source: 56 FR 36437, July 31, 1991, unless otherwise noted.