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PGI 242.7200: Scope of subpart.

PGI › Part 242 › PGI 242.7200

This PGI section supplements: DFARS 242.7200 · FAR 42.7200
The corresponding FAR Part 42 and DFARS Part 242 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 42

Current Content

(a) This subpart provides policies, procedures, and standards for use in the evaluation of a contractor's material management and accounting system (MMAS).

(b) The policies, procedures, and standards in this subpart—

(1) Apply only when the contractor has contracts exceeding the simplified acquisition threshold that are not for the acquisition of commercial products or commercial services and are either—

(i) Cost-reimbursement contracts; or

(ii) Fixed-price contracts with progress payments made on the basis of costs incurred by the contractor as work progresses under the contract; and

(2) Do not apply to small businesses, educational institutions, or nonprofit organizations.

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