Pennsylvania Consolidated Statutes

62 Pa. Cons. Stat. § 541 (2026)

 Approval of accounting system.

✓ current as of May 2026
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SUBCHAPTER E

TYPES OF CONTRACTS

 

Sec.

541.  Approval of accounting system.

542.  Multiterm contracts.

543.  Effective contracts.

§ 541.  Approval of accounting system.

No contract type shall be used unless it has been determined in writing by the head of the purchasing agency that:

(1)  The proposed contractor's accounting system will permit timely development of all necessary cost data in the form required by the specific contract type contemplated.

(2)  The proposed contractor's accounting system is adequate to allocate costs in accordance with generally accepted accounting principles.

Notwithstanding the preceding, a contract may be used without a prior written determination where the contract is a firm, fixed-price contract or a contract awarded under section 516 (relating to emergency procurement).

 

Cross References.  Section 541 is referred to in sections 561, 9119 of this title.

Notes of Decisions
Cited in 1 case, 2006–2006 · leading case: Pa. Associated Builders & Contractors, Inc. v. Commonwealth Dep't of Gen. Servs., 899 A.2d 389 (Pa. Commw. Ct. 2006).
Pa. Associated Builders & Contractors, Inc. v. Commonwealth Dep't of Gen. Servs., 899 A.2d 389 (Pa. Commw. Ct. 2006). · cites it 2× “§ 517, notes that contracts may be awarded under this section to furnish the supply, service or construction; and Section 541, 62 Pa.C.S. § 541, provides that multi-term contracts are permitted for contracts for supplies, construction or services.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.