48 CFR 1252.216-74
1252.216-74 Settlement of Letter Contract.
United States · 48 CFR — Federal Acquisition Regulations System · Status: effective
Cite this
- Citation
- 48 CFR 1252.216-74, 1252.216-74 Settlement of Letter Contract, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/249103
- Permanent ID
ys:prov:249103@1- SHA-256
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Full text
As prescribed in 1216.603-4, insert the following clause:
(a) This contract constitutes the definitive contract contemplated by issuance of letter contract___[insert number] dated___[insert effective date]. It supersedes the letter contract and its modification number(s)___[insert number(s)] and, to the extent of any inconsistencies, governs.
(b) The cost(s) and fee(s), or price(s), established in this definitive contract represents full and complete settlement of letter contract___[insert number] and modification number(s)___[insert number(s)]. Payment of the agreed upon fee or profit withheld pending definitization of the letter contract, may commence immediately at the rate and times stated within this contract.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.