Exception Reports. CDOT will decide if the employees’ proposed direct labor rate has exceeded the criteria for “fair and reasonableness” as defined by the FAR Part 31.201-3 and 31.205-6(b). If an exception report is issued it may be cleared by one of the following methods:
Appears in 4 contracts
Sources: Master Pricing Agreement (Mpa), Master Pricing Agreement (Mpa), Master Pricing Agreement (Mpa)