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Code · U.S. Code · Title 10 - ARMED FORCES · CHAPTER 273— ALLOWABLE COSTS · SUBCHAPTER I— GENERAL · § 3741

§ 3741. Definitions

353 words·~2 min read·/usc/title-10/section-3741

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In this subchapter:
(1)Compensation.— The term “compensation”, for a year, means the total amount of wages, salary, bonuses and deferred compensation for the year, whether paid, earned, or otherwise accruing, as recorded in an employer’s cost accounting records for the year.
(2)Covered contract.— The term “covered contract” means a contract for an amount in excess of $500,000 that is entered into by the head of an agency, except that such term does not include a fixed-price contract without cost incentives or any firm fixed-price contract for the purchase of commercial products or commercial services.
(3)Fiscal year.— The term “fiscal year” means a fiscal year established by a contractor for accounting purposes.
(4)Head of the agency.— The term “head of the agency” or “agency head” does not include the Secretary of a military department.
(5)Agency.— The term “agency” means the Department of Defense, the Coast Guard, and the National Aeronautics and Space Administration.
(Added and amended Pub. L. 116–283, div. A, title XVIII, § 1832(a), (b)(1)–(3), Jan. 1, 2021, 134 Stat. 4218.)
Connections39 cite this · traces to 5
Cited by 39 sections · top 32
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6 references not yet in our index
  • 134 Stat. 4218
  • Pub. L. 103–355, title II, § 2101(d)
  • 108 Stat. 3308
  • Pub. L. 105–85, div. A, title VIII, § 808(a)(2)
  • 111 Stat. 1836
  • 132 Stat. 1866
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§ 3741
Definitions
U.S.C.×7
Pub. L.×7
Bills×7
Stat. Comp.×7
Stat.×6
Fed. Reg.×4
C.F.R.×1
Stat.134 Stat. 4218
Pub. L.Pub. L. 103–355, title II, § 2101(d)
Stat.108 Stat. 3308
Pub. L.Pub. L. 105–85, div. A, title VIII, § 808(a)(2)
Stat.111 Stat. 1836
Cites 11 · showing 10Cited by 39 across 7 sources
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