48 CFR 871.205 - 871.205 Proration of charges.

Regulations last checked for updates: Nov 25, 2024

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

View all text of Subpart 871.2 [871.200 - 871.210]

871.205 - 871.205 Proration of charges.

A contract must include the exact formula agreed on for the proration of charges in the event that the Veteran's program is interrupted or discontinued before the end of the term, semester, quarter, or other period, or the program is completed in less time than stated in the contract.

authority: 38 U.S.C. chapter 31; 40 U.S.C. 121(c); 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304

source: 86 FR 54406, Oct. 1, 2021, unless otherwise noted.

cite as: 48 CFR 871.205