Difference between revisions of "FAR 52.242-3 - Penalties for Unallowable Costs"
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|TypePurposeContract=Fixed Price Service -O; Cost Reimbursement Research and Development -A; Cost Reimbursement Supply -A; Cost Reimbursement Service -A; Fixed Price Construction -O; Cost Reimbursement Construction -A; Time and Materials/Labor Hour -A; Leasing of Motor Vehicles -A; Communication Services -A; Dismantling, Demolition, or Removal of Improvements -A; Architect-Engineering -A; Facilities -O; Indefinite Delivery -A; Transportation -A; Simplified Acquisition Procedures -O; Utility Services -O | |TypePurposeContract=Fixed Price Service -O; Cost Reimbursement Research and Development -A; Cost Reimbursement Supply -A; Cost Reimbursement Service -A; Fixed Price Construction -O; Cost Reimbursement Construction -A; Time and Materials/Labor Hour -A; Leasing of Motor Vehicles -A; Communication Services -A; Dismantling, Demolition, or Removal of Improvements -A; Architect-Engineering -A; Facilities -O; Indefinite Delivery -A; Transportation -A; Simplified Acquisition Procedures -O; Utility Services -O | ||
|ProvisionClauseDescription=- | |ProvisionClauseDescription=- | ||
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|FARClauseOverview===(a) Definition== | |FARClauseOverview===(a) Definition== | ||
“Proposal,” as used in this clause, means either— | “Proposal,” as used in this clause, means either— | ||
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− | '''(h)''' Payment by the Contractor of any penalty assessed under this clause does not constitute repayment to the Government of any unallowable cost which has been paid by the Government to the Contractor. | + | '''(h)''' Payment by the Contractor of any penalty assessed under this clause does not constitute repayment to the Government of any unallowable cost which has been paid by the Government to the Contractor. |
− | + | ||
|ImportantNotesRequirements=In all solicitations and contracts over $700,000 except fixed-price contracts without cost incentives or any firm fixed-price contract for the purchase of commercial items.Generally, covered contracts are those which contain one ofthe clauses at 52.216-7, 52.216-16, or 52.216-17, or a similarclause from an executive agency's supplement to the FAR. | |ImportantNotesRequirements=In all solicitations and contracts over $700,000 except fixed-price contracts without cost incentives or any firm fixed-price contract for the purchase of commercial items.Generally, covered contracts are those which contain one ofthe clauses at 52.216-7, 52.216-16, or 52.216-17, or a similarclause from an executive agency's supplement to the FAR. | ||
[[Category:FAR 52 - Solicitation Provisions and Contract Clauses]] | [[Category:FAR 52 - Solicitation Provisions and Contract Clauses]] | ||
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|IncorporatedbyReference=Yes | |IncorporatedbyReference=Yes | ||
|UniformContractFormat=I | |UniformContractFormat=I |
Revision as of 09:18, 3 July 2014
Prescribed in 42.709-6 | |
Effective Date: | 1 May 2014 |
Clause or Provision: | Clause |
Provision or Clause Number: | 52.242-3 - Penalties for Unallowable Costs |
Principle Type And/Or Purpose of Contract: | |
Required: | |
Applicable: | Cost Reimbursement Research and Development; Cost Reimbursement Supply; Cost Reimbursement Service; Cost Reimbursement Construction; Time and Materials/Labor Hour; Leasing of Motor Vehicles; Communication Services; Dismantling, Demolition, or Removal of Improvements; Architect-Engineering; Indefinite Delivery; Transportation; |
Optional: | Fixed Price Service; Fixed Price Construction; Facilities; Simplified Acquisition Procedures; Utility Services; |
Subject: | |
ProcurementType: | |
Contract Threshold: | |
Prescription Overview: | |
Clause Overview: |
(a) Definition“Proposal,” as used in this clause, means either—
|
Important Notes/Requirements: |
In all solicitations and contracts over $700,000 except fixed-price contracts without cost incentives or any firm fixed-price contract for the purchase of commercial items.Generally, covered contracts are those which contain one ofthe clauses at 52.216-7, 52.216-16, or 52.216-17, or a similarclause from an executive agency's supplement to the FAR. |
Subcontract Threshold: | |
Incorporated by Reference: | Yes |
Uniform Contract Format: | I |
Editor: | Marshall |
Personal notes.