US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 13 — DEPARTMENT OF COMMERCEPart 1316 — TYPES OF CONTRACTSSubpart 1316.6—Time-and-Materials, Labor-Hour, and Letter Contracts1316.601-7048 C.F.R. § 1316.601-70Contract clauses.Last amended: 2016Year: 2026Length: 9 wordsOfficial source Cite as 48 C.F.R. § 1316.601-70 (2026)Insert clause 1352.216-77, Ceiling Price, in all time-and-materials contracts.Previous48 C.F.R. § 1316.601Next48 C.F.R. § 1316.602-70