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FAR

FAC Number: 2024-03
Effective Date: 02/23/2024

27.202-4 Refund of royalties.

27.202-4 Refund of royalties.

The clause at 52.227-9, Refund of Royalties, establishes procedures to pay the contractor royalties under the contract and recover royalties not paid by the contractor when the royalties were included in the contractor’s fixed price.

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