View source for Schedule K - Hours and Amounts on T&M Contracts

Represents Hours multiplied by Contract Labor Category Amounts.  Contractor and Subcontractor need to be reported separately.

FAR 52.216-7 reads,

''"(K) Summary of each time-and-materials and labor-hour contract information, including labor categories, labor rates, hours, and amounts; direct materials; other direct costs; and, indirect expense applied at claimed rates."''

[[Category: Incurred Cost Submissions]]