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41 U.S.C. § 4307 — Contractor certification

submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 123 words · no verdicts yet

in plain englishAI-generated · not legal advice

A contractor’s proposal for settling indirect costs must include an official certification that the costs are allowable. An executive agency may waive that certification only in an exceptional case, with written reasons made public.

(a) Content and form. A proposal to settle indirect costs for a covered contract must include a contractor official’s certification that, to the best of that official’s knowledge and belief, every indirect cost in the proposal is allowable. The certification must use the form required by the Federal Acquisition Regulation. (b) Waiver. In an exceptional case, an executive agency may waive the certification if it decides that doing so is in the Federal Government’s interest, states the reasons in writing, and makes the determination available to the public.

the actual law source: uscode.house.gov ↗public domain
(a)Content and Form.—

A proposal for settlement of indirect costs applicable to a covered contract shall include a certification by an official of the contractor that, to the best of the certifying official’s knowledge and belief, all indirect costs included in the proposal are allowable. The certification shall be in a form prescribed in the Federal Acquisition Regulation.

(b)Waiver.—

An executive agency may, in an exceptional case, waive the requirement for certification under subsection (a) in the case of a contract if the agency—

(1)

determines that it would be in the interest of the Federal Government to waive the certification; and

(2)

states in writing the reasons for the determination and makes the determination available to the public.

Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3788.)

history & why it existsrecord from the source credit
  • 2011Enacted · Pub. L. 111-350 · 124 Stat. 3788

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.

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