48 CFR 970.2904-1
970.2904-1 Management and operating contracts.
United States · 48 CFR — Federal Acquisition Regulations System · Status: effective
Cite this
- Citation
- 48 CFR 970.2904-1, 970.2904-1 Management and operating contracts, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/248505
- Permanent ID
ys:prov:248505@1- SHA-256
d670c70b1fd511aff9222cae0273226a65abfb044a9c82e625448c6fa3d0c12f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Pursuant to 48 CFR 29.401-4(b), the clause at 48 CFR 52.229-10, State of New Mexico Gross Receipts and Compensating Tax, is applicable to management and operating contracts that meet the three conditions stated. The contracting officer shall modify paragraph (b) of the clause to replace the phrase “Allowable Cost and Payment” with the phrase “Payments and Advances.”
(b) Contracting officers shall include the clause at 970.5229-1, State and Local Taxes, in management and operating contracts.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.