Federal Acquisition Regulation; FAR Case 2004-014, Buy-Back of Assets
other · US Department of Defense · Rule · Published 2006-06-28 · Effective 2006-07-28 · 71 FR 36939
Document
Document number
06-5706
Federal Register citation
71 FR 36939
CFR reference
48 CFR 31
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Defense
Publication date
2006-06-28
Effective date
2006-07-28
DOD docket
FAC 2005-10
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 revising the contract cost principle regarding depreciation costs. The final rule adds language which addresses the allowability of depreciation costs of reacquired assets involved in a sale and leaseback arrangement.