242.7000  [Amended]

5. Amend section 242.7000 as follows:

a. In paragraph (a), in the definition for "Covered contract", add "(10 U.S.C. 2302 note, as amended by section 816 of Pub. L. 112-81)" at the end of the sentence;

b. In paragraph (b)(1), remove "under cost, labor-hour, and time-and-materials contracts billed" and add "under cost-reimbursement, labor-hour, and time-and-materials contracts billed" in its place each time it occurs.

c. In paragraph (d)(2), add "and are expected to correct the significant deficiencies" at the end of the sentence.