FAR clauses/Part 15/Checked 15 Sep 2026

FAR 52.215-2
Audit and Records—Negotiation

Clause date

JUN 2020

Prescribed at

FAR 15.209(b). Insert in solicitations and contracts, except those not exceeding the SAT, utility services at rates not exceeding those uniformly applied to the general public, and commercial products or services exempted under 15.403-1; alternates apply in specified situations.

Applies to

Negotiated contracts above the SAT, other than the listed exceptions.

Flowdown

Flows down in some subcontracts
52.215-2(g) requires a clause containing all the terms of the clause, including paragraph (g), in subcontracts that exceed the SAT and (1) are cost-reimbursement, incentive, time-and-materials, labor-hour, or price-redeterminable type (or any combination), (2) require certified cost or pricing data, or (3) require the subcontractor to furnish reports under paragraph (e).

Full text

FAR 52.215-2 on Acquisition.gov

… If this is a cost-reimbursement, incentive, time-and-materials, labor-hour, or price redeterminable contract, or any combination of these, the Contractor shall maintain and the Contracting Officer, or an authorized representative of the Contracting Officer, shall have the right to examine and audit all records and other evidence sufficient to reflect properly all costs claimed to have been incurred or anticipated to be incurred directly or indirectly in performance of this contract. …

From the clause · Codified FAR · FAC 2026-01

This is the codified text, not any agency's Revolutionary FAR Overhaul deviation. An agency running a class deviation may have this clause renumbered, rewritten or prescribed differently — check the deviation before you put a clause in a solicitation.

• 52.215-12Subcontractor Certified Cost or Pricing DataFAR 15.408(d)(1)