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DOD, GSA, and NASA issue final rule to amend FAR--cost principles.(Regulations)(Brief Article)

Contract Management

| June 01, 2004 | COPYRIGHT 2003 National Contract Management Association. (Hide copyright information)Copyright

DOD, GSA, and NASA have issued a final rule to amend the FAR cost principles. Specifically, the new rule defines "direct costs" and revises the definition for "indirect costs" to be consistent with their usage in the cost accounting standards (CAS) and revises the general provisions of the costs …

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