# 48 C.F.R. § 42.701 (2026): Definition

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_701

## Section

- **Citation:** 48 C.F.R. § 42.701 (2026)
- **Heading:** Definition
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 48 CFR: Federal Acquisition Regulations System / Chapter 1 / Part 42 / Subpart 42.7 / § 42.701: Definition.

## Text

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]

## Nearby sections

- [48 C.F.R. § 42.700 (2026) Scope of subpart.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_700.md)
- [48 C.F.R. § 42.701 (2026) Definition.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_701.md)
- [48 C.F.R. § 42.702 (2026) Purpose.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_702.md)
- [48 C.F.R. § 42.703-1 (2026) Policy.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_703_1.md)
- [48 C.F.R. § 42.703-2 (2026) Certificate of indirect costs.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_703_2.md)
- [48 C.F.R. § 42.704 (2026) Billing rates.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_704.md)
- [48 C.F.R. § 42.705 (2026) Final indirect cost rates.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705.md)
- [48 C.F.R. § 42.705-1 (2026) Contracting officer determination procedure.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705_1.md)
- [48 C.F.R. § 42.705-2 (2026) Auditor determination procedure.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705_2.md)
- [48 C.F.R. § 42.705-3 (2026) Educational institutions.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705_3.md)
- [48 C.F.R. § 42.705-4 (2026) State and local governments.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705_4.md)
- [48 C.F.R. § 42.705-5 (2026) Nonprofit organizations other than educational and state and local governments.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_705_5.md)
- [48 C.F.R. § 42.706 (2026) Distribution of documents.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_706.md)
- [48 C.F.R. § 42.707 (2026) Cost-sharing rates and limitations on indirect cost rates.](https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_707.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T48_P42_S42_701. Check the current official text before relying on it. Not legal advice.