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Contract Line Items

by Vernon J. Edwards

Briefing Papers

Courtesy of Thompson Reuters

Published with permission of the author

A contract must identify what is to be delivered or done and designate the terms that apply to each such obligation. So how are contractual obligations—duties and rights—to be arranged in a contract document? What ties everything together? The answer is what the Federal Acquisition Regulation (FAR) refers to as line items or contract line items. Line items are the organizing component, the center of mass, of every Government contract.

 

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