FAR 31.205-20 Interest and other financial costs
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 31.205-20
- Type
- Subsection
- 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
Interest on borrowings (however represented), bond discounts, costs of financing and refinancing capital (net worth plus long-term liabilities), legal and professional fees paid in connection with preparing prospectuses, and costs of preparing and issuing stock rights are unallowable (but see 31.205-28). However, interest assessed by State or local taxing authorities under the conditions specified in 31.205-41(a)(3) is allowable.
Sections cited
- FAR 31.205-28 Other business expenses
- FAR 31.205-41(a)(3) Taxes
Quick answers
What is FAR 31.205-20?
FAR 31.205-20 is a subsection of the Federal Acquisition Regulation, titled "Interest and other financial costs".
Are changes to FAR 31.205-20 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
On GovTribe
Follow the rules behind federal contracts
- Search Federal Register rules and proposed rules for the FAR, DFARS and agency supplements
- Solicitations, awards and government files in one search
- Ask GovTribe AI about the rules that apply to a contract