603.315—Advantages of a fixed-support TIA.
In situations where the use of a fixed-support TIA is permissible (see §§ 603.305 and 603.310 ), its use may encourage some commercial firms' participation in the RD&D. With a fixed-support TIA, the contracting officer can eliminate or reduce some post-award requirements that sometimes are cited as disincentives for those firms to participate. For example, a fixed-support TIA need not:
(b)
Specify cost principles or standards stating the types of costs the recipient may charge to the project;
(c)
Provide for financial audits by Federal auditors or independent public accountants of the recipient's books and records;