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PGI 242.7204: Contract clause.

PGI › Part 242 › PGI 242.7204

This PGI section supplements: DFARS 242.7204 · FAR 42.7204
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

Use the clause at 252.242-7004 , Material Management and Accounting System, in all solicitations and contracts exceeding the simplified acquisition threshold that are not for the acquisition of commercial products or commercial services and—

(a) Are not awarded to small businesses, educational institutions, or nonprofit organizations; and

(b) Are either—

(1) Cost-reimbursement contracts; or

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

Sources: Search on acquisition.gov · View on acq.osd.mil