Unallowable Cost

From Knowledge base

“Unallowable cost” means any cost that, 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.[1]

Pages Where This Term is Used

CAS 405 - Accounting for Unallowable Costs

References and Notes

  1. FAR 2.1