FAR 31.205-32 Precontract costs
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 31.205-32
- Type
- Subsection
- Last amended
- 66 FR 2117 Effective Mar 12, 2001
- 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
Precontract costs means costs incurred before the effective date of the contract directly pursuant to the negotiation and in anticipation of the contract award when such incurrence is necessary to comply with the proposed contract delivery schedule. These costs are allowable to the extent that they would have been allowable if incurred after the date of the contract (see 31.109).
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Definitions |
Sections cited
- FAR 31.109 Advance agreements
Quick answers
What is FAR 31.205-32?
FAR 31.205-32 is a subsection of the Federal Acquisition Regulation, titled "Precontract costs".
When was FAR 31.205-32 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Definitions" (66 FR 2117), published Jan 10, 2001 and effective Mar 12, 2001.
Are changes to FAR 31.205-32 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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