Late submission of cost and pricing data as invalid defense to contract price reductions for defective cost or pricing data
Division A — Department of Defense authorizations › Title VIII — Acquisition policy, acquisition management, and related matters › Subtitle B — Amendments to general contracting authorities, procedures, and limitations
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No wording changed between Committee version and Passed the Senate.
How the text changed
Section 3706(c) of title 10, United States Code, is amended— (1) in paragraph (3), by striking; or and inserting a semicolon; (2) in paragraph (4), by striking the period and inserting; or; and (3) by adding at the end of the following: (5) the cost or pricing data were obtained by or otherwise made available to the prime contractor or subcontractor more than 30 days before, but submitted to the head of the agency after, the date of agreement on the price of the contract or, if applicable consistent with subsection (a)(2), such other date agreed upon between the parties..
Section 3706(c) of title 10, United States Code, is amended— (1) in paragraph (3), by striking; or and inserting a semicolon; (2) in paragraph (4), by striking the period and inserting; or; and (3) by adding at the end of the following: (5) the cost or pricing data were obtained by or otherwise made available to the prime contractor or subcontractor more than 30 days before, but submitted to the head of the agency after, the date of agreement on the price of the contract or, if applicable consistent with subsection (a)(2), such other date agreed upon between the parties..
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