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Title 48 CFR: Federal Acquisition Regulations System › Chapter 1 › Part 42 › Subpart 42.7 › § 42.701: Definition.
This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.
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Billing rate as used in this subpart means an indirect cost rate (1) established temporarily for interim reimbursement of incurred indirect costs and (2) adjusted as necessary pending establishment of final indirect cost rates. [48 FR 42370, Sept. 19, 1983, as amended at 59 FR 11387, Mar. 10, 1994; 63 FR 9064, Feb. 23, 1998; 66 FR 2133, Jan. 10, 2001]
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