§4307 Contractor certification

Summary

When a contractor files a proposal to settle indirect costs, an official of the contractor must certify that, to the official’s best knowledge, all indirect costs listed are allowable. The certification must use the form set by the Federal Acquisition Regulation. An executive agency may, in rare cases, waive that certification if it decides the waiver is in the federal government’s interest, puts the reasons in writing, and makes that decision public.