§ 719.3. What contracts are covered by this part?
114 words·~1 min read·
/us/cfr/t10/s§ 719.3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Unless excluded under § 719.5, this part covers the following three categories of contracts:
(1)All management and operating contracts;
(2)Non-management and operating cost reimbursement contracts exceeding $100,000,000; and
(3)Non-management and operating contracts exceeding $100,000,000 that include cost reimbursable elements exceeding $10,000,000 (e.g., contracts with both fixed-price and cost-reimbursable line items where the cost-reimbursable line items exceed $10,000,000 or time and materials contracts where the materials portions exceed $10,000,000).
(b)This part also covers contracts otherwise not covered by paragraph
(a)of this section but which contain a clause requiring compliance with this part.
(c)This part also covers any contract the Department awards directly to retained legal counsel exceeding $100,000.