Federal Acquisition Regulation; Applicability of the Cost Principles and Penalties for Unallowable Costs
other · US Department of Defense · Rule · Published 2004-12-20 · Effective 2005-01-19 · 69 FR 76356
Document
Document number
04-27638
Federal Register citation
69 FR 76356
CFR reference
48 CFR 42
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Defense
Publication date
2004-12-20
Effective date
2005-01-19
DOD docket
FAC 2001-26
Abstract
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation (FAR) by increasing the contract dollar threshold for assessing a penalty if the contractor includes expressly unallowable costs in its claim for reimbursement.