(a) (1) In paragraph (h)(2)(ii)(B) of the Allowable Cost and Payment clause at FAR 52.216-7, the period of years may be increased to correspond with any statutory period of limitation applicable to claims of third parties against the contractor; provided, that a corresponding increase is made in the period for retention of records required in paragraph (f) of the clause at FAR 52.215-2, Audit and Records - Negotiation.
[62 FR 3478, Jan. 23, 1997, as amended at 69 FR 21764, Apr. 22, 2004; 81 FR 50366, Aug. 1, 2016]