FAR 31.703 Requirements

Section Federal Acquisition Regulation

Facts

Citation
FAR 31.703
Type
Section
Last amended
87 FR 73894 Effective Dec 30, 2022
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 section.

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.

Federal Register history

Final rule Published Effective
Federal Acquisition Regulation: Update to Title 10 Citations 87 FR 73894 · FAC 2023-01
Federal Acquisition Regulation; OMB Circular Citation Update 81 FR 45852 · FAC 2005-89
Federal Acquisition Regulation; Positive Law Codification of Title 41 79 FR 24192 · FAC 2005-73

Sections cited

Quick answers

What is FAR 31.703?

FAR 31.703 is a section of the Federal Acquisition Regulation, titled "Requirements".

When was FAR 31.703 last changed?

The most recent final rule on record is "Federal Acquisition Regulation: Update to Title 10 Citations" (87 FR 73894), published Dec 1, 2022 and effective Dec 30, 2022.

Are changes to FAR 31.703 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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