FAR and DFARS › FAR Part 31: Contract Cost Principles and Procedures › Subpart 31.7
FAR 31.703 Requirements.
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 says that when a contract refers to Subpart 31.7 to decide which costs are allowable, the contracting officer will use the OMB Uniform Guidance at 2 CFR part 200, subpart E and appendix IV as it was in effect on the contract date. It also notes that agencies generally should not add extra restrictions on individual cost items, but certain costs listed in 31.603(b) are unallowable under the cited statutes.
Applies to: Contracts that refer to Subpart 31.7 for determining allowable costs
Key terms: allowable costs · contracting officer · OMB Uniform Guidance · 2 CFR part 200, subpart E and appendix IV · unallowable
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
(a) Contracts which refer to this subpart 31.7 for determining allowable costs shall be deemed to refer to, and shall have the allowability of costs determined by the contracting officer in accordance with, the OMB Uniform Guidance at 2 CFR part 200, subpart E and appendix IV in effect on the date of the contract.
(b) Agencies are not expected to place additional restrictions on individual items of cost. However, under 10 U.S.C. 3744 and 41 U.S.C. 4304, the costs cited in 31.603(b) are unallowable.
Sections it refers to
- 31.603 Requirements.
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.