FAR 42.701 Definition
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 42.701
- Type
- Section
- Last amended
- 66 FR 2117 Effective Mar 12, 2001
- Text as of
- FAC 2026-01
- 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
Billing rate, as used in this subpart, means an indirect cost rate- (1) Established temporarily for interim reimbursement of incurred indirect costs; and (2) Adjusted as necessary pending establishment of final indirect cost rates.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Definitions |
Terms defined
- Billing rate
Quick answers
What is FAR 42.701?
FAR 42.701 is a section of the Federal Acquisition Regulation, titled "Definition".
When was FAR 42.701 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Definitions" (66 FR 2117), published Jan 10, 2001 and effective Mar 12, 2001.
Are changes to FAR 42.701 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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