Federal Acquisition Regulation; Implementation of Various Cost Principle Provisions

The Federal Acquisition Regulatory Council is amending the Federal Acquisition Regulation (FAR) to implement Section 2101 of the Federal Acquisition Streamlining Act of 1994. Section 2101 adds the costs of lobbying the legislative body of a political subdivision of a state to the list of unallowable costs; adds the cost of ``conventions'' to the list of costs to be clarified in the cost principles; and expands the coverage to the Coast Guard and NASA. The provisions are made generally applicable to all other executive agencies. This regulatory action was subject to Office of Management and Budget review under Executive Order 12866, dated September 30, 1993.