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2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 3741 Definitions us united_states_code code_section 10 ARMED FORCES 273 ALLOWABLE COSTS 3741 10 U.S.C. § 3741 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s3741 data/legal/raw/us/code/title-10/usc10.xml 3d8fca2ae17747aefe2f0d3e87af171d13e306f1084afe4afcba2fe38c70d538 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 cf3bb202adb3f48e6dc7ee7740bff5aba952215201686fb62b766fe5ba521c7e 2026-07-04 official
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10 U.S.C. § 3741 - Definitions

Text

In this subchapter:

(1) Compensation.— The term “compensation”, for a year, means the total amount of wages, salary, bonuses and deferred compensation for the year, whether paid, earned, or otherwise accruing, as recorded in an employers cost accounting records for the year.

(2) Covered contract.— The term “covered contract” means a contract for an amount in excess of $500,000 that is entered into by the head of an agency, except that such term does not include a fixed-price contract without cost incentives or any firm fixed-price contract for the purchase of commercial products or commercial services.

(3) Fiscal year.— The term “fiscal year” means a fiscal year established by a contractor for accounting purposes.

(4) Head of the agency.— The term “head of the agency” or “agency head” does not include the Secretary of a military department.

(5) Agency.— The term “agency” means the Department of Defense, the Coast Guard, and the National Aeronautics and Space Administration.

(Added and amended Pub. L. 116283, div. A, title XVIII, § 1832(a), (b)(1)(3), Jan. 1, 2021, 134 Stat. 4218.)

Notes

Editorial Notes

Codification The text of pars. (1)(A), (2)(4), and (6) of subsec. (l) of section 2324 of this title, which were transferred to this section and amended by Pub. L. 116283, § 1832(b)(1)(3), was based on Pub. L. 103355, title II, § 2101(d), Oct. 13, 1994, 108 Stat. 3308; Pub. L. 10585, div. A, title VIII, § 808(a)(2), Nov. 18, 1997, 111 Stat. 1836; Pub. L. 115232, div. A, title VIII, § 836(c)(9), Aug. 13, 2018, 132 Stat. 1866.

Prior ProvisionsA prior section 3741 was renumbered section 7271 of this title.

Amendments2021—Pub. L. 116283, § 1832(b)(1)(3), redesignated pars. (4), (1)(A), (6), (2), and (3) of section 2324(l) of this title as pars. (1) to (5), respectively, of this section and inserted headings.

Statutory Notes and Related Subsidiaries

Effective DateSection and amendment by Pub. L. 116283 effective Jan. 1, 2022, with additional provisions for delayed implementation and applicability of existing law, see section 1801(d) of Pub. L. 116283, set out as an Effective Date of 2021 Amendment note preceding section 3001 of this title.