4.1403  Contract clause.

6.  Revise section 4.1403 to read as follows:

4.1403 Contract clause.

(a)  The contracting officer shall insert the clause at 52.204-10, Reporting Executive Compensation and First-Tier Subcontract Awards, in all solicitations and contracts of $25,000 or more.

(b)  The clause is not prescribed for contracts that are not required to be reported in the Federal Procurement Data System (FPDS) (see subpart 4.6).