DFARS 242.7503 Contract clause
Section Defense Federal Acquisition Regulation Supplement
Facts
- Citation
- DFARS 242.7503
- Type
- Section
- Supplements
- FAR Part 42 Contract Administration and Audit Services
- Last amended
- 82 FR 61479 Effective Dec 28, 2017
- Text as of
- DFARS Change May 7, 2026
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
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.
Federal Register history
Sections cited
- DFARS 252.242-7006 Accounting System Administration
Quick answers
What is DFARS 242.7503?
DFARS 242.7503 is a section of the Defense Federal Acquisition Regulation Supplement, titled "Contract clause".
When was DFARS 242.7503 last changed?
The most recent final rule on record is "Defense Federal Acquisition Regulation Supplement: Technical Amendments" (82 FR 61479), published Dec 28, 2017 and effective Dec 28, 2017.
Are changes to DFARS 242.7503 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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