48 CFR 1215.404-470 - 1215.404-470 Payment of profit or fee.

Regulations last checked for updates: May 03, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025

View all text of Subpart 1215.4 [1215.404 - 1215.404-470]

1215.404-470 - 1215.404-470 Payment of profit or fee.

The contracting officer shall not pay profit or fee on undefinitized contracts or undefinitized contract modifications. Any profit or fee earned shall be paid after the contract or modification is definitized.

authority: 5 U.S.C. 301; 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304

source: 87 FR 61159, Oct. 7, 2022, unless otherwise noted.

cite as: 48 CFR 1215.404-470