48 CFR § 1842.7201 - 1842.7201 General.

---
identifier: "/us/cfr/t48/s1842.7201"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1842.7201 - 1842.7201   General."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1842.7201"
section_name: "1842.7201   General."
chapter_number: 18
chapter_name: "NATIONAL AERONAUTICS AND SPACE ADMINISTRATION"
subchapter_number: "G"
subchapter_name: "CONTRACT MANAGEMENT"
part_number: "1842"
part_name: "CONTRACT ADMINISTRATION AND AUDIT SERVICES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "51 U.S.C. 20113(a) and 48 CFR chapter 1."
regulatory_source: "62 FR 14017, Mar. 25, 1997, unless otherwise noted."
cfr_part: "1842"
---


# 1842.7201 1842.7201   General.

(a) [Reserved]

(b) Reporting requirements. (1) Use of the NASA Contractor Financial Management Reports, the NASA form 533 series, is required on cost-type, price redetermination, and fixed-price incentive contracts when the following dollar, period of performance, and scope criteria are met:

| Contract value/scope | Period of performance | 533M | 533Q |
| --- | --- | --- | --- |
| $500K to $999K | 1 year or more | Required | Optional. |
| $1,000,000 and over | Less than 1 year | Required | Optional. |
| $1,000,000 and over | 1 year or more | Required | Required. |

(2) When it is probable that a contract will ultimately meet the criteria in paragraph (b)(1) of this section through change orders, supplemental agreements, etc., the reporting requirement must be implemented in the contract based on the estimated final contract value at the time of award.

[62 FR 14017, Mar. 25, 1997, as amended at 69 FR 44609, July 27, 2004]