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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8 sections with “overrun”

  • FAR 11.701 Supply contracts.
    …ariation in quantity. (b) There should be no standard or usual variation percentage. The overrun or underrun permitted in each contract should be based upon the normal commercial practices of a particular industry for a particular item, an…
  • FAR 15.403-2 Other circumstances where certified cost or pricing data are not required.
    … data. (b) Certified cost or pricing data are not required for proposals used solely for overrun funding or interim billing price adjustments.
  • FAR 30.606 Resolving cost impacts.
    …ts would result in— (i) An under recovery of monies by the Government (e.g., due to cost overruns); or (ii) Distortions of incentive provisions and relationships between target costs, ceiling costs, and actual costs for incentive type con…
  • FAR 31.205-26 Material costs.
    …-transit insurance. In computing material costs, the contractor shall consider reasonable overruns, spoilage, or defective work (unless otherwise provided in any contract provision relating to inspecting and correcting defective work). (b)…
  • FAR 42.302 Contract administration functions.
    …cial bank accounts. (16) Ensure timely notification by the contractor of any anticipated overrun or underrun of the estimated cost under cost-reimbursement contracts. (17) Monitor the contractor's financial condition and advise the contra…
  • FAR 42.707 Cost-sharing rates and limitations on indirect cost rates.
    …t may reasonably be expected to occur during contract performance, thereby causing a cost overrun. (2) In such cases, an equitable ceiling covering the final indirect cost rates may be negotiated and specified in the contract. (c) When ce…
  • FAR 52.219-10 Incentive Subcontracting Program.
    …mines that the excess was not due to the Contractor's efforts (e.g., a subcontractor cost overrun caused the actual subcontract amount to exceed that estimated in the subcontracting plan, or the award of subcontracts that had been planned b…
  • DFARS 215.404-71-2 Performance risk.
    …I) The contractor's cost proposal is inadequate; (J) The contractor has a record of cost overruns or another indication of unreliable cost estimates and lack of cost control; or (K) The contractor has a poor record of past performance. (…

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.