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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) Cost of money rate is either—
(1) The interest rate determined by the Secretary of the Treasury under Public Law 92–41 (85 Stat. 97); or
(2) The time-weighted average of such rates for each cost accounting period during which the capital asset is being constructed, fabricated, or developed.
(b) Representative investment is the calculated amount considered invested by the contractor during the cost accounting period to construct, fabricate, or develop the capital asset.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.1830.7002-1 Definitions - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-1830-7002-1/
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