FAR and DFARS › FAR Part 31: Contract Cost Principles and Procedures › Subpart 31.2
FAR 31.205-28 Other business expenses.
The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.
In plain English
This section lists recurring business costs that are allowable under government contracts, including securities registry and transfer charges, shareholder meeting costs, proxy solicitations, shareholder reports, regulatory filings, and incidental director and committee meeting costs. It matters because it tells contractors which of these common expenses can be charged to a government contract.
Applies to: Government contractors incurring recurring business expenses
Key terms: allowable · registry and transfer charges · shareholders' meetings · proxy solicitations · recurring costs
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
The following types of recurring costs are allowable
(a) Registry and transfer charges resulting from changes in ownership of securities issued by the contractor.
(b) Cost of shareholders' meetings.
(c) Normal proxy solicitations.
(d) Preparing and publishing reports to shareholders.
(e) Preparing and submitting required reports and forms to taxing and other regulatory bodies.
(f) Incidental costs of directors' and committee meetings.
(g) Other similar costs.
Sections that refer to it
- 31.205-20 Interest and other financial costs.
← 31.205-27 Organization costs. · 31.205-29 Plant protection costs. →
Rule changes for FAR Part 31
- Federal Acquisition Regulation; Technical Amendments ↗ · final rule 2024-04-22 · effective 2024-05-22
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.