# Subpart 716.3—Cost Reimbursement Contracts

## 716.303 Cost-sharing contracts.

(a)–(b) [Reserved]

(c) Limitations. In addition to the limitations specified in (48 CFR) FAR 16.301–3, prior approval of the M/OAA Director (see 701.601(a)(1)) is required in order to use a cost-sharing contract with an educational institution.

## 716.306 [Reserved]

## 716.406 Contract clauses.

The contracting officer must insert the clause at 752.216–70, Award Fee, in solicitations and contracts when an award-fee contract is contemplated.