FAR 31.205-12 Economic planning costs
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 31.205-12
- Type
- Subsection
- Last amended
- 68 FR 56686 Effective Oct 31, 2003
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
Economic planning costs are the costs of general long-range management planning that is concerned with the future overall development of the contractor’s business and that may take into account the eventual possibility of economic dislocations or fundamental alterations in those markets in which the contractor currently does business. Economic planning costs are allowable. Economic planning costs do not include organization or reorganization costs covered by 31.205-27. See 31.205-38 for market planning costs other than economic planning costs.
Federal Register history
Sections cited
- FAR 31.205-27 Organization costs
- FAR 31.205-38 Selling costs
Quick answers
What is FAR 31.205-12?
FAR 31.205-12 is a subsection of the Federal Acquisition Regulation, titled "Economic planning costs".
When was FAR 31.205-12 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Economic Planning, Employee Morale, and Travel Cost Principles" (68 FR 56686), published Oct 1, 2003 and effective Oct 31, 2003.
Are changes to FAR 31.205-12 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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