[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR31.101]



[Page 594]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 31_CONTRACT COST PRINCIPLES AND PROCEDURES--Table of Contents

 

                       Subpart 31.1_Applicability

 

Sec. 31.101  Objectives.



    In recognition of differing organizational characteristics, the cost 

principles and procedures in the succeeding subparts are grouped 

basically by organizational type; e.g., commercial concerns and 

educational institutions. The overall objective is to provide that, to 

the extent practicable, all organizations of similar types doing similar 

work will follow the same cost principles and procedures. To achieve 

this uniformity, individual deviations concerning cost principles 

require advance approval of the agency head or designee. Class 

deviations for the civilian agencies require advance approval of the 

Civilian Agency Acquisition Council. Class deviations for the National 

Aeronautics and Space Administration require advance approval of the 

Deputy Chief Acquisition Officer. Class deviations for the Department of 

Defense require advance approval of the Director of Defense Procurement, 

Office of the Under Secretary of Defense for Acquisition, Technology, 

and Logistics.



[48 FR 42301, Sept. 19, 1983, as amended at 56 FR 67133, Dec. 27, 1991; 

61 FR 31655, June 20, 1996; 65 FR 24325, Apr. 25, 2000; 67 FR 13068, 

Mar. 20, 2002; 70 FR 11763, Mar. 9, 2005]