Defense Federal Acquisition Regulation Supplement; Restructuring Costs/Bonuses
dfars-acquisition · Defense Federal Acquisition Regulations System · Rule · Published 1996-11-15 · 61 FR 58490
Document
Document number
96-29330
Federal Register citation
61 FR 58490
CFR reference
48 CFR 231
Type
Rule
Action
Interim rule with request for comments.
Category
dfars-acquisition
Sub-agency
Defense Federal Acquisition Regulations System
Publication date
1996-11-15
DOD docket
DFARS Case 96-D332
Abstract
The Director of Defense Procurement has issued an interim rule amending the Defense Federal Acquisition Regulation Supplement (DFARS) to prohibit use of fiscal year 1997 funds to reimburse a contractor for costs paid by the contractor to an employee for a bonus or other payment in excess of the normal salary paid to the employee, when such payment is part of restructuring costs associated with a business combination.