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Government Contracts Cost and Pricing: Introduction to the Federal Acquisition Regulation Cost Principles (Part 1)

Government Contracts & Investigations

However, where the cost incurred is not necessary in the absolute sense, some benefit must be shown in order for a cost to be allocable to a Government contract. [29] 33] The CAS govern the measurement, assignment, and allocation of costs to certain types of Government contracts. Limitations in FAR Subpart 31.2 19] KBR Servs.,

Price 52
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An In-Depth Examination of Inflation Relief for a Government Contractor

Procurement Notes

EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17] See, e.g., CESC Plaza Ltd.