48 CFR 242.7200

242.7200 Scope of subpart.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

Cite this

Citation: 48 CFR 242.7200, 242.7200 Scope of subpart, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/244287
Permanent ID: ys:prov:244287@1
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Full text

(a) This subpart provides policies, procedures, and standards for use in the evaluation of a contractor's material management and accounting system (MMAS). (b) The policies, procedures, and standards in this subpart— (1) Apply only when the contractor has contracts exceeding the simplified acquisition threshold that are not for the acquisition of commercial products or commercial services and are either— (i) Cost-reimbursement contracts; or (ii) Fixed-price contracts with progress payments made on the basis of costs incurred by the contractor as work progresses under the contract; and (2) Do not apply to small businesses, educational institutions, or nonprofit organizations.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.