Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
242.7100 - 242.7100 General.

A voluntary refund is a payment or credit (adjustment under one or more contracts or subcontracts) to the Government from a contractor or subcontractor that is not required by any contractual or other legal obligation. Follow the procedures at PGI 242.7100 for voluntary refunds.

[70 FR 67920, Nov. 9, 2005]
authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36437, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 242.7100