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      domains="(topic task)                            (topic concept)                            (topic concept glossentry)                            (topic concept glossgroup)                            (topic reference)                            (topic troubleshooting++task) (topic task)                            (topic abbrev-d)                            a(props deliveryTarget)                            (topic equation-d)                            (topic hazard-d)                            (topic hi-d)                            (topic indexing-d)                            (topic markup-d)                            (topic mathml-d)                            (topic pr-d)                            (topic relmgmt-d)                            (topic sw-d)                            (topic svg-d)                            (topic ui-d)                            (topic ut-d)                            (topic markup-d xml-d)                            (topic task strictTaskbody-c)   ">
	  <concept id="GSAM_515_209_70"
            ditaarch:DITAArchVersion="1.2"
            class="- topic/topic concept/concept ">
		    <title class="- topic/title " id="i2126995" xtrc="GSAR" xtrf="GSAR">
         <ph class="- topic/ph " props="autonumber">515.209-70</ph> Contract clause.</title>
		    <conbody class="- topic/body  concept/conbody ">
			      <ol class="- topic/ol ">
				        <li id="oTcgSP" audience="GSAR" class="- topic/li ">
					          <p id="id1957A0Q0GEY" audience="GSAR" class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(a)</ph>Insert the
clause at <xref href="552.215-70.dita#GSAM_552_215_70"
                        outputclass="fm:ParaNumOnly"
                        class="- topic/xref ">552.215-70</xref>, Examination
of Records by GSA, in solicitations and contracts exceeding the simplified
acquisition threshold that meet any of the following
conditions:</p>
					          <ol class="- topic/ol ">
						            <li id="noIlHd" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q0MH2" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(1)</ph>Involve
the use or disposition of Government-furnished property.</p>
						            </li>
						            <li id="hPqhPz" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q0Q3Q" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(2)</ph>Provide for
advance payments, progress payments based on cost, or guaranteed
loan.</p>
						            </li>
						            <li id="ZUfGFC" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q0ST6" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(3)</ph>Contain a
price warranty or price reduction clause.</p>
						            </li>
						            <li id="YhjIWb" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q0V0J" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(4)</ph>Involve income
to the Government where income is based on operations under the
control of the contractor.</p>
						            </li>
						            <li id="Icenhd" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q0Z7N" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(5)</ph>Include an
economic price adjustment clause where the adjustment is not based
solely on an established, third party index.</p>
						            </li>
						            <li id="mtNCMU" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q30ES" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(6)</ph>Are requirements,
indefinite-quantity, or letter type contracts as defined in FAR <xref href="https://www.acquisition.gov/far/part-16"
                              format="html"
                              scope="external"
                              class="- topic/xref ">Part 16</xref>.</p>
						            </li>
						            <li id="mtvUHA" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q50GR" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(7)</ph>Are subject
to adjustment based on a negotiated cost escalation base.</p>
						            </li>
						            <li id="iTsqrY" audience="GSAR" class="- topic/li ">
							              <p id="id1957A0Q90RW" audience="GSAR" class="- topic/p ">
                        <ph props="autonumber" class="- topic/ph ">(8)</ph>Contain the
provision at FAR <xref href="https://www.acquisition.gov/far/part-52#FAR_52_223_4"
                              format="html"
                              scope="external"
                              class="- topic/xref ">52.223-4</xref>.</p>
						            </li>
					          </ol>
				        </li>
				        <li id="iqtrvM" audience="GSAR" class="- topic/li ">
					          <p id="id1957A0QG0OF" audience="GSAR" class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(b)</ph> The clause
in paragraph (a) of this subsection may be modified to define the
specific area of audit ( <i class="+ topic/ph hi-d/i ">e.g.</i>, the use or disposition of
Government-furnished property). Legal ( <i class="+ topic/ph hi-d/i ">i.e.</i>, the Office
of General Counsel or the Office of Regional Counsel, as appropriate),
and Inspector General ( <i class="+ topic/ph hi-d/i ">i.e.</i>, the Assistant Inspector General
for Auditing or the Regional Inspector General for Auditing, as
appropriate) must concur with any modification to the clause. </p>
				        </li>
				        <li id="1juoxi98" audience="GSAR" class="- topic/li ">
					          <p id="jj5putdm" audience="GSAR" class="- topic/p ">
                  <ph props="autonumber" class="- topic/ph ">(c)</ph>Insert the
clause at <xref href="552.215-73.dita#GSAM_552_215_73"
                        outputclass="fm:ParaNumOnly"
                        class="- topic/xref ">552.215-73</xref>, Notice, in
all solicitations and contracts for
negotiated procurements exceeding the simplified
acquisition threshold in accordance with FAR <xref href="https://www.acquisition.gov/far/part-15"
                        format="html"
                        scope="external"
                        class="- topic/xref ">part 15</xref>.</p>
				        </li>
			      </ol>
		    </conbody>
	  </concept>
</dita>
