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                            EPAAR
                            PART 1504 - ADMINISTRATIVE MATTERS
        
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EPAARPart Number: 1504
        
                  

                                
                  
        Environmental Protection Agency Acquisition Regulation
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PART 1504 - ADMINISTRATIVE MATTERS       Authority:                            5 U.S.C. 301; Sec. 205(c), 63 Stat. 390, as amended, 40 U.S.C. 486(c); 41 U.S.C. 418b.          Source:                            49 FR 28246, July 11, 1984, unless otherwise noted.                                       Subpart 1504.6 - Contract Reporting                                                         1504.670 [Reserved]                                                                             Subpart 1504.8 - Contract Files                                                         1504.804 Closeout of contract files.                                                            1504.804-5 Detailed procedures for closing out contract files.    **Parent topic:**  SUBCHAPTER A - GENERALSubpart 1504.6 - Contract Reporting    1504.670 [Reserved]Subpart 1504.8 - Contract Files    1504.804 Closeout of contract files.1504.804-5 Detailed procedures for closing out contract files.       In addition to those procedures set forth in FAR 4.804-5, the contracting office shall, before final payment is made under a cost reimbursement type contract, verify the allowability, allocability, and reasonableness of costs claimed. Verification of total costs incurred should be obtained from the Office of Audit through the Financial Analysis and Oversight Service Center in the form of a final audit report. Similar verification of actual costs shall be made for other contracts when cost incentives, price redeterminations, or cost-reimbursement elements are involved. Termination settlement proposals shall be submitted to the Financial Analysis and Oversight Service Center for review by the Office of Audit as prescribed by FAR 49.107. All such audits will be coordinated through the cost advisory group in the contracting office. Exceptions to these procedures are the quick close-out procedures as described in FAR 42.708 and EPA Acquisition Guide (EPAAG) subsection 4.8.1.
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