Difference between revisions of "Credits"
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The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund.<ref>FAR 32.201-5 </ref> | The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund.<ref>FAR 32.201-5 </ref> | ||
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Latest revision as of 11:47, 28 March 2015
Allowable or Unallowable:
Source: "Federal Acquisition Regulation (FAR)" is not in the list of possible values (Other, FAR, DFAR) for this property.
The applicable portion of any income, rebate, allowance, or other credit relating to any allowable cost and received by or accruing to the contractor shall be credited to the Government either as a cost reduction or by cash refund.[1]
References and Notes
- ↑ FAR 32.201-5
