DFARS 242.7503

Contract clause.

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.

Source: acquisition.gov — DFARS

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