General Services Administration September 22, 2010 – Federal Register Recent Federal Regulation Documents
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Federal Acquisition Regulation; TINA Interest Calculations
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (the Councils) are proposing to amend the Federal Acquisition Regulation (FAR) to revise the clauses at FAR 52.214-27, 52.215-10 and 52.215-11 to require compound interest calculations be applied to Government overpayments as a result of defective cost or pricing data.
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