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48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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17 sections with “billing prices”

  • FAR 52.216-5 Price Redetermination—Prospective.
    …ting the redetermined prices that apply during the redetermination period. (g) Adjusting billing prices. Pending execution of the contract modification (see paragraph (f) above), the Contractor shall submit invoices or vouchers in accordan…
  • FAR 52.216-6 Price Redetermination—Retroactive.
    …on to this contract, signed by the Contractor and the Contracting Officer. (f) Adjusting billing prices. Pending execution of the contract modification (see paragraph (e) above), the Contractor shall submit invoices or vouchers in accordan…
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    …icitly permitted or required by this or any other clause in this contract. (f) Adjusting billing prices. (1) Pending execution of the contract modification (see paragraph (e) above), the Contractor shall submit invoices or vouchers in acco…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …ly permitted or required by this or any other clause in this contract. (h) Adjustment of billing prices. (1) Pending execution of the contract modification (see paragraph (e) above), the Contractor shall submit invoices or vouchers in acco…
  • FAR 13.303-3 Preparation of BPAs.
    … or upon expiration of this BPA, whichever occurs first, for all deliveries made during a billing period, identifying the delivery tickets covered therein, stating their total dollar value, and supported by receipt copies of the delivery ti…
  • FAR 16.403 Fixed-price incentive contracts.
    …e incentives to have a meaningful impact on the contractor's management of the work. (c) Billing prices. In fixed-price incentive contracts, billing prices are established as an interim basis for payment. These billing prices may be adjust…
  • FAR 42.302 Contract administration functions.
    …w or not Recognize Costs (see subpart 42.8). (9) Establish final indirect cost rates and billing rates for those contractors meeting the criteria for contracting officer determination in subpart 42.7. (10) Attempt to resolve issues in con…
  • FAR 32.906 Making payments.
    …incurring a late payment interest penalty. (4) When it is determined that the designated billing office erroneously rejected a proper invoice and upon resubmission of the invoice, will enter in the payment system the original date the invo…
  • FAR 32.601 General.
    …of the contract. (b) Contract debts include, but are not limited to, the following: (1) Billing and price reductions resulting from contract terms for price redetermination or for determination of prices under incentive type contracts. (…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …rally issue a contract modification requiring the Contractor to withhold amounts from its billings until a reserve is set aside in an amount that the Contracting Officer considers necessary to protect the Government's interests. The Contrac…
  • FAR 13.303-2 Establishment of BPAs.
    …uring maximum discounts; (2) Documenting individual purchase transactions; (3) Periodic billings; and (4) Incorporating other necessary details.
  • FAR 15.407-1 Defective certified cost or pricing data.
    …cing, the date payment was made to the prime contractor, based on prime contract progress billings or deliveries, which included payments for a completed and accepted subcontract item); and (C) Apply the underpayment interest rate(s) in ef…
  • FAR 30.605 Processing noncompliances.
    …he Government, in the aggregate; and (4) The net effect of any interim and final voucher billing adjustments made to correct a cost accumulation noncompliance will not result in the recovery of more than the increased cost paid by the Gove…
  • FAR 32.503-11 Adjustments for price reduction.
    …e the unliquidated progress payments amount for overdeductions made from the contractor's billings for items delivered. (b) The contracting officer shall also increase the unliquidated progress payments amount if the contractor makes an in…
  • FAR 42.703-1 Policy.
    …rtment or agency of the Federal Government (10 U.S.C. 3841(e)and 41 U.S.C. 4706(e)). (b) Billing rates and final indirect cost rates shall be used in reimbursing indirect costs under cost-reimbursement contracts and in determining progress…
  • FAR 52.232-16 Progress Payments.
    … as prescribed by agency head; if not prescribed, insert “30th”] day after the designated billing office receives a proper progress payment request. In the event that the Government requires an audit or other review of a specific progress p…
  • DFARS 252.232-7007 Limitation of Government's obligation.
    …n equitable adjustment will be made in the price or prices (including appropriate target, billing, and ceiling prices where applicable) of the item(s), or in the time of delivery, or both. Failure to agree to any such equitable adjustment h…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.