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FAR and DFARS › DFARS Part 242: Contract Administration and Audit Services › Subpart 242.75

DFARS 242.7503 Contract clause.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section tells contracting officers when to include the DFARS clause 252.242-7006, Accounting System Administration, in solicitations and contracts. It matters to contractors because it identifies the contract types and payment arrangements that will require the clause to be included.

Applies to: Solicitations and contracts using certain contract types or payment arrangements

Key terms: 252.242-7006 · Accounting System Administration · cost-reimbursement · incentive type · time-and-materials

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

Use the clause at 252.242-7006, Accounting System Administration, in solicitations and contracts when contemplating—

(a) A cost-reimbursement, incentive type, time-and-materials, or labor-hour contract; or

(b) A contract with progress payments made on the basis of costs incurred by the contractor or on a percentage or stage of completion.

Sections it refers to

Sections that refer to it

← 242.7502 Policy.

Rule changes for DFARS Part 242

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

DFARS 242.7503 Contract clause · SpendQuery