The Contractor will be reimbursed salaries and wages, including fringe benefits, for employees directly engaged in performing work required by this contract. These costs must be consistent with the Contractor's policy and practices as approved by the cognizant federal audit agency. Expenses for materials and services required in the performance of this contract shall be reimbursed after deducting all discounts for the purchase of same. Prior written approval of Component is required for incurrence of the costs itemized below. Without prior approval, incurrence of such costs by the contractor with the intent of claiming reimbursement under this contract will be at contractor's own risk.
Any second tier subcontracting arrangements to carry out the principal activities of the contract.
Purchase of office or general purpose equipment. Payment of foreign travel expenses. All other rebudgeting shall be in accordance with Contractor's Institutional Prior Approval System. Invoices shall be duly certified showing review and approval by Contractor's authorized business office. The final invoice shall be submitted no later than 60 days after the termination of this agreement.