Difference between revisions of "Losses On Other Contracts - FAR 31.205-23"

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[[Category:FAR 31 - Contract Cost Principles and Procedures]]
 
[[Category:FAR 31 - Contract Cost Principles and Procedures]]
  
[[Category:Costs - Allowable or Unallowable]]
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[[Category:Cost Allowability]]

Revision as of 17:22, 24 March 2015

Contents

Losses on other contracts [1]

Allowable or Unallowable?

Unallowable

FAR Paraphrased

An excess of costs over income under any other contract (including the contractor’s contributed portion under cost-sharing contracts) is unallowable.

References and Notes

  1. 31.205-23