View source for Restructuring Costs

==Restructuring Costs==
(4)  '''“Restructuring costs'''<ref>DFARS 231.205-70 - External Restructuring Costs, January 2014</ref>” means the costs, including both direct and indirect, of restructuring activities.  '''Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment.'''  


For purposes of this definition, if restructuring '''costs''' associated with external restructuring activities allocated to DoD contracts '''are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements''' of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.


==Related Pages==
[[Organization Costs]]

[[DFAR 231.205-70 External Restructuring Costs]]

==References==
<References/>

[[Category:Definitions]]