Other Business Expenses
From Knowledge base
Allowable or Unallowable: Allowable
Source: FAR
Other Business Expenses [1]
Generally Allowable with exceptions. See FAR Summary below.
FAR Summary
The following types of recurring costs are allowable:
(a) Registry and transfer charges resulting from changes in ownership of securities issued by the contractor.
(b) Cost of shareholders’ meetings.
(c) Normal proxy solicitations.
(d) Preparing and publishing reports to shareholders.
(e) Preparing and submitting required reports and forms to taxing and other regulatory bodies.
(f) Incidental costs of directors’ and committee meetings.
(g) Other similar costs.
References and Notes
- ↑ FAR 31.205-28
