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FAR

FAR

FAC Number: 2024-03
Effective Date: 02/23/2024

49.113 Cost principles.

49.113 Cost principles.

The cost principles and procedures in the applicable subpart of part  31 shall, subject to the general principles in 49.201-

(a) Be used in asserting, negotiating, or determining costs relevant to termination settlements under contracts with other than educational institutions, and

(b) Be a guide for the negotiation of settlements under contracts for experimental, developmental, or research work with educational institutions (but see 31.104).

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