[Code of Federal Regulations]

[Title 48, Volume 7]

[Revised as of October 1, 2005]

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

[CITE: 48CFR9904.405-30]



[Page 368]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

     CHAPTER 99--COST ACCOUNTING STANDARDS BOARD, OFFICE OF FEDERAL 

           PROCUREMENT POLICY, OFFICE OF MANAGEMENT AND BUDGET

 

PART 9904_COST ACCOUNTING STANDARDS--Table of Contents

 

Sec. 9904.405-30  Definitions.



    (a) The following are definitions of terms which are prominent in 

this Standard. Other terms defined elsewhere in this part 99 shall have 

the meanings ascribed to them in those definitions unless paragraph (b) 

of this subsection, requires otherwise.

    (1) Directly associated cost means any cost which is generated 

solely as a result of the incurrence of another cost, and which would 

not have been incurred had the other cost not been incurred.

    (2) Expressly unallowable cost means a particular item or type of 

cost which, under the express provisions of an applicable law, 

regulation, or contract, is specifically named and stated to be 

unallowable.

    (3) Indirect cost means any cost not directly identified with a 

single final cost objective, but identified with two or more final cost 

objectives or with at least one intermediate cost objective.

    (4) Unallowable cost means any cost which, under the provisions of 

any pertinent law, regulation, or contract, cannot be included in 

prices, cost reimbursements, or settlements under a Government contract 

to which it is allocable.

    (b) The following modifications of terms defined elsewhere in this 

chapter 99 are applicable to this Standard: None.