§ 242.4 Definitions.
Current through Sep 9, 2026 · Read all of Part 242
As used in this part:
Private persons means all entities in the private sector, including but not limited to individuals, private institutions, sole proprietorships, partnerships, and corporations.
Total cost means total labor charges which include adjustments for benefits, administrative overhead, and technical indirect costs. These terms are described in the reference in § 242.3 (c).