516.601 Time-and-materials contracts.

For a D&F for a time-and-material contract exceeding three years, the D&F must be approved by the HCA. HCAs may designate approval authority for the D&F to a level no lower than the Contracting Executive (see FAR 16.601(d)).]

Parent topic: Subpart 516.6 - Time-and-Materials, Labor-Hour, and Letter Contracts