Federal · Title 41 — Public Contracts

41 U.S.C. § 3906: Cost-reimbursement contracts

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In this section, the term “executive agency” has the same meaning given in section 133 of this title . The Federal Acquisition Regulation shall address the use of cost-reimbursement contracts. when and under what circumstances cost-reimbursement contracts are appropriate; the acquisition plan findings necessary to support a decision to use cost-reimbursement contracts; and the acquisition workforce resources necessary to award and manage cost-reimbursement contracts. The Director of the Office of Management and Budget shall submit an annual report to Congressional committees identified in subsection (e) on the use of cost-reimbursement contracts and task or delivery orders by all executive agencies. the total number and value of contracts awarded and orders issued during the covered fiscal year; the total number and value of cost-reimbursement contracts awarded and orders issued during the covered fiscal year; and an assessment of the effectiveness of the regulations promulgated pursuant to subsection (b) in ensuring the appropriate use of cost-reimbursement contracts. The report shall be submitted no later than March 1 and shall cover the fiscal year ending September 30 of the prior year. The report shall be submitted from March 1, 2009 , until March 1, 2014 . the Committee on Oversight and Government Reform of the House of Representatives; the Committee on Homeland Security and Governmental Affairs of the Senate; the Committees on Appropriations of the House of Representatives and the Senate; and in the case of the Department of Defense and the Department of Energy, the Committees on Armed Services of the Senate and the House of Representatives.

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