Common use of Exempt construction contracts Clause in Contracts

Exempt construction contracts. (1) In general. The general requirement to use the PCM and the cost allocation rules described in § 1.460–5(b) or (c) does not apply to any long-term construc- tion contract described in this para- graph (b) (exempt construction con- tract). Exempt construction contract means any—

Appears in 7 contracts

Samples: Manufacturing Agreement, Manufacturing Agreement, Manufacturing Agreement

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