Section 27-3301. ADVANCE COST AGREEMENTS

 

3301.1Advance cost agreements may be negotiated either before or after contract award. However, advance costs agreements shall be negotiated before a significant portion of the costs covered by the agreement have been incurred.

 

3301.2Advance cost agreements shall be in writing, signed by the contracting officer and the contractor, and shall be incorporated by reference in the contract.

 

3301.3The contracting officer shall not agree to a treatment of costs that is inconsistent with the cost principles set forth in this chapter, except as provided in §3302.

 

3301.4Advance cost agreements may be negotiated with a contractor for a single contract, a group of contracts, or all the contracts between that contractor and the District.

 

3301.5Before negotiating an advance cost agreement, the contracting officer shall do the following:

 

(a)Determine if other contracting offices inside the agency or in other agencies have a significant unliquidated dollar balance in contracts with the same contractor; and

 

(b)Inform the other offices or agencies identified under §3301.5(a) of the matters under consideration for negotiation and, as appropriate, invite those other offices or agencies to participate in prenegotiation discussions.

 

source

Final Rulemaking published at 35 DCR 1651 (February 26, 1988).