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Code of Federal Regulations Title 41. Public Contracts and Property Management § 41.102–33.405 When must we report to FAIRS?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) You must report any changes in your Federal aircraft inventory within 14 calendar days of those changes.

(b) You must report cost and utilization data to FAIRS at the end of every quarter of the fiscal year (December 31, March 31, June 30, and September 30). However, you may submit your information to FAIRS on a daily, weekly, or monthly basis. To provide enough time to calculate your cost and utilization data, you may report any one quarter's cost and utilization in the following quarter, as follows:

Quarter

Submit

QTR 1—October 1-December 31

Federal inventory for QTR 1.

Federal cost and utilization for previous QTR 4.

CAS cost and utilization for previous QTR 4.

QTR 2—January 1-March 31

Federal inventory for QTR 2.

Federal cost and utilization for QTR 1.

CAS cost and utilization for QTR 1.

QTR 3—April 1-June 30

Federal inventory for QTR 3.

Federal cost and utilization for QTR 2.

CAS cost and utilization for QTR 2.

QTR 4—July 1-September 30

Federal inventory for QTR 4.

Federal cost and utilization for QTR 3.

CAS cost and utilization for QTR 3.
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Cite this article: FindLaw.com - Code of Federal Regulations Title 41. Public Contracts and Property Management § 41.102–33.405 When must we report to FAIRS? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-41-public-contracts-and-property-management/cfr-sect-41-102-33-405/

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