US Code

Public Law 119-73 (01/23/2026)

10 U.S.C. § 3741

Definitions

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 employer’s 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.

Pub. L. 116–283, div. A, title XVIII, § 1832(a)134 Stat. 4218(Added and amended , (b)(1)–(3), , .)

Editorial Notes

Codification

lsection 2324 of this titlePub. L. 116–283, § 1832(b)(1)Pub. L. 103–355, title II, § 2101(d)108 Stat. 3308Pub. L. 105–85, div. A, title VIII, § 808(a)(2)111 Stat. 1836Pub. L. 115–232, div. A, title VIII, § 836(c)(9)132 Stat. 1866The text of pars. (1)(A), (2)–(4), and (6) of subsec. () of , which were transferred to this section and amended by –(3), was based on , , ; , , ; , , .

Prior Provisions

section 7271 of this titleA prior section 3741 was renumbered .

Amendments

Pub. L. 116–283, § 1832(b)(1)l2021—–(3), redesignated pars. (4), (1)(A), (6), (2), and (3) of section 2324() of this title as pars. (1) to (5), respectively, of this section and inserted headings.

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 116–283section 1801(d) of Pub. L. 116–283section 3001 of this titleSection and amendment by effective , with additional provisions for delayed implementation and applicability of existing law, see , set out as an Effective Date of 2021 Amendment note preceding .