[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: 48CFR31.202]



[Page 603]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

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

 

          Subpart 31.2_Contracts With Commercial Organizations

 

Sec. 31.202  Direct costs.



    (a) No final cost objective shall have allocated to it as a direct 

cost any cost, if other costs incurred for the same purpose in like 

circumstances have been included in any indirect cost pool to be 

allocated to that or any other final cost objective. Direct costs of the 

contract shall be charged directly to the contract. All costs 

specifically identified with other final cost objectives of the 

contractor are direct costs of those cost objectives and are not to be 

charged to the contract directly or indirectly.

    (b) For reasons of practicality, the contractor may treat any direct 

cost of a minor dollar amount as an indirect cost if the accounting 

treatment--

    (1) Is consistently applied to all final cost objectives; and

    (2) Produces substantially the same results as treating the cost as 

a direct cost.



[69 FR 17767, Apr. 5, 2004]